About Nippon Cargo Airlines Co., Ltd.

Nippon Yusen Kabushiki Kaisha, known as NYK Line, is at home in ports around the globe. With a fleet of about 830 vessels, the company is one of the world's largest marine transportation providers. The NYK Line fleet includes bulk carriers, containerships, tankers, and a variety of specialized vessels, including car carriers and liquefied natural gas (LNG) carriers; overall, the fleet has a capacity of more than 50 million deadweight tons (DWT). In conjunction with its marine transportation business, NYK Line offers such logistics services as customs clearance, supply chain management, and warehousing, and operates more than 40 marine terminals.

Geographic Reach

NYK Line has some 450 logistics locations around the world. About 150 are located in South Asia and Oceania, 88 in East Asia, 76 in Europe, 72 in Japan, and 67 in the Americas.

Japan represented 76% of the company's total sales in 2012. Europe and Asia generated 9% and 8%, respectively. NYK Line's smallest market remains North America, which contributed the remaining 7% of sales in 2012.


NYK Line divides its operations into several segments. Global Logistics is its largest (and includes liner trade, terminal and harbor transport, air cargo, and logistics), contributing 53% of the company's total sales in 2012. Bulk shipping generated 40% of the company's revenue. Its cruise ship services and real estate operations accounted for the remainder of sales.

Financial Performance

During the company's fiscal year 2012, the shipping market remained sluggish worldwide due to the continuing gap between shipping capacity supply and demand. As a result, NYK Line's revenue decreased 6% in 2012, and its net loss increased by 193% compared to the previous year.

The drop in revenue and net loss were attributable to a 10% decrease in its Liner Trade and Cruise segments. These were negatively affected by a spike in bunker oil prices at a time when freight rates for the core liner trade were slumping as a result of oversupply. These lackluster conditions reflected a slump in transportation demand centered on the automotive manufacturing industry, which was affected by the Great East Japan Earthquake in March 2011. Other negative factors included flooding in Thailand and the negative effect of Europe's fiscal crisis.


NYK Line, along with its industry peers, has struggled as fuel prices sky-rocketed followed by the global economic downturn that has caused cargo demand to plunge. As one of the biggest car carriers, NYK Line particularly has suffered along with the automotive industry.

NYK Line is banking on increased demand for oil. About 80% of the company's new vessels are intended for use in the natural resources and energy transportation. Many of which are under long term contracts to customers in growing economies such as Brazil, China, and India. 

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Nippon Cargo Airlines Co., Ltd.

663 N Access Rd
Chicago, IL 60666-5043
Phone: 1 (773) 894-8411
Fax: 1 (773) 601-0795


  • Employer Type: Public
  • General Manager Operations Management Cargo Business: Suad Arifovic
  • Manager, Traffic Management, Regional Headquarter Americas: Fikret Causevic
  • Pres: Shawn McWhorter

Major Office Locations

  • Chicago, IL

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