NYUKF News and Press, Nippon Yusen Kabushiki Kaisha

2024-06-24 02:41:09 ET Summary UP World LNG Shipping Index gained 1.17% last week, led by FLEX LNG and Golar LNG. UPI outperformed the S&P 500, indicating positive momentum for LNG shipping stocks. The summer season is approaching, potential rise in gas consumption in Asia...

2024-06-17 04:32:52 ET Container shipping through the Red Sea declined by around 90% from December 2023 to mid-February 2024 as a result of Houthi attacks on ships in the key trade route, according to the U.S. Defense Intelligence Agency. ... Read the full article on Se...

2024-05-07 02:50:13 ET Summary The UP World LNG Shipping Index (UPI) lost 1.24% last week, while the S&P 500 index gained 0.55%. The UPI underwent a rebalance with no changes in constituents, but weights were adjusted. Dynagas LNG Partners and Awilco LNG saw double-digit r...

2024-02-09 13:47:08 ET Nippon Yusen Kabushiki Kaisha (NPNYY) Q3 2023 Results Conference Call February 4, 2024 10:00 PM ET Company Participants Yasuaki Okada - GM-IR Akira Kono - Representative Director, Executive President & Executive Officer, CFO Takuji Bann...

2024-01-17 04:33:42 ET The U.S. is expected to redesignate Yemeni Houthi militant group as a foreign terrorist organization on Wednesday, as tensions in the Red Sea and the risk of Israel's war in Gaza spreading in the Middle East escalate. The move will reverse President Joe Biden'...

2024-01-15 03:56:46 ET Summary The LNG shipping sector represented by the UP World LNG Shipping Index (UPI) gained 4.20% in Q4 2023, compared to the S&P 500 index's gain of 11.24%. UPI's performance was lower than the SPX index, resulting in a negative Alpha, but volatility de...

2024-01-01 10:30:00 ET Summary Costamare's shares have rebounded due to the safety issues in the Suez Canal, benefiting the company's dry bulk and containership fleets. Major shipping firms are rerouting vessels away from the Red Sea, leading to rising charter rates. The ongoi...

2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...

2023-11-11 12:15:06 ET Nippon Yusen Kabushiki Kaisha (NPNYY) Q2 2023 Earnings Call Transcript November 5, 2023 10:00 PM ET Company Participants Takaya Soga - Director, Senior Management Executive Officer & Chief Financial Officer Hiroki Harada - Representative Di...

2023-07-20 16:18:45 ET Summary The LNG market has stabilized, leading to a slowdown in the LNG shipping sector, with the UP World LNG Shipping Index declining 3.79% in Q2. Despite the slowdown, big investors are showing interest in the industry, with recent IPOs, merger deals, and...