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4-Traders Homepage  >  Equities  >  Tokyo  >  Nippon Yusen Kabushiki Kaisha    9101   JP3753000003

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Nippon Yusen : NYK Announces New Service between Asia and Honolulu, Hawaii

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04/11/2012 | 07:52am CEST

In continuation of our ongoing commitment to the Hawaiian market, NYK is pleased to announce the start of a new direct service linking Asia with Honolulu from early May 2012.

The details of our new AHX (Asia Hawaii Express) service are as follows:

* Port Rotation:

Shanghai - Pusan - Yokohama - Honolulu - Yokohama - Shanghai

31 days round, 3 x 700 TEU Nominal vessels, every 10 days

* The first sailing will depart from Shanghai on May 5, 2012.

All other ports in Asia (i.e., those in Hong Kong, south China, north China, and Southeast Asia) will connect to this service in Shanghai or Pusan using our own feeder network for quick transit and secure transshipment.

Our direct call to Honolulu through the ALEX-2 service will be terminated toward the end of April as NYK opens this new AHX service.

(see separate press release, http://www.nyk.com/english/release/1964/NE_120411.html)

NYK will continue to make every effort to be of assistance to those seeking business opportunities within the Hawaiian market.

The news on this website is as of the date announced and may change without notice.

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Sales 2018 2 069 007 M
EBIT 2018 -
Net income 2018 16 566 M
Debt 2018 813 707 M
Yield 2018 1,24%
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Average target price 258  JPY
Spread / Average Target 24%
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Tadaaki Naito President & Representative Director
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