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Company Profile & History

Company Profile

Name of Company

NYK-Hinode Line, Ltd.

Head Office

Established

November 25, 1912

Capital

¥2,100 million

Shareholder

Nippon Yusen Kaisha, Ltd.

History

November

1912

Hinode Kisen is established in Tokyo with an initial capitalization of ¥500,000 and begins operations with four vessels.

January

1935

Completes the first real heavylift ship in Japan, Yawata Maru with its engine aft is equipped with long hatches and a 45-ton-capacity heavylift derrick.

May

1949

Listed on the Tokyo Stock Exchange.

February

1957

April

1964

Becomes part of Showa Line group in line with shipping industry reconstruction law.

November

1978

First RoRo ship, Gulf Bridge, completed.

March

1994

Constructs Kibi & Kamo, outfitted with 450-ton-capacity heavylift cranes.

October

1998

Becomes member of Nippon Yusen Kaisha (NYK) group when NYK acquires Showa Line.

September

1999

January

2001

Takes over operation of conventional Southeast Asia services from Tokyo Senpaku Kaisha (TSK Line).

February

2001

Becomes wholly owned by NYK through an equity swap.

October

2001

Takes over NYK’s conventional services in Europe-Mediterranean, East Africa, Australia, India and nearseas trades, as well as its plant cargo transport services, in conjunction with the division of NYK’s business.

July

2002

Changes name to NYK-Hinode Line and assumes responsibility for all conventional services in the NYK Group.

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