Nippon Yusen Reduces Container-liner Exposure — Panjiva
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Nippon Yusen Reduces Container-liner Exposure

Earnings 730 Logistics 476 Mergers 220

Nippon Yusen is investing in seafloor oil-exploration engineering vessels to expand its service offering and reduce exposure to struggling container industry, Nikkei reports. The firm already gets 30% of revenue outside shipping, according to company financials, and plans to spend two-thirds of its investments on liquefied natural and offshore oil equipment. The expansion into vessels … Continue reading “Nippon Yusen Reduces Container-li...

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