HISTORY. Historical Events. Nippon Yusen Kabushikikaisha-HISTORY 1

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1 HISTORY NYK Historical Events Yubin Kisen Mitsubishi Kaisha and Kyodo Unyu Kaisha merge on September 29 to form Nippon Yusen Kaisha (NYK); new company inaugurates operations on October 1 with a fleet of 58 steamships Liner service begins between Nagasaki, Japan, and Tianjin, China Japan s first long-distance liner service begins on Bombay route London branch opens. Liner service begins on European, Seattle, and Australian routes Sino-Japanese War ( ) Calcutta liner service begins Russo-Japanese War ( ) Tokushima Maru becomes first Japanese ship to pass through the newly completed Panama Canal Panama Canal opens. World War l ( ) Liner service to New York via Panama Canal begins Liner service to east coast of South America begins New York branch opens Departure of Nagasaki Maru inaugurates Japan-China (Nagasaki- Shanghai) Rapid Express Service Great Kanto Earthquake NYK acquires Dai-ni Toyo Kisen Kaisha, gaining routes to San Francisco and the west coast of South America Distinctive twin red stripes on white background becomes official funnel mark for NYK vessels Outbreak of economic depression worldwide. World War ll ( ) NYK acquires Kinkai Yusen Kaisha Ltd Three NYK vessels Asama Maru, Tatsuta Maru, and Kamakura Maru provide transport for exchange of U.S., British, and Japanese diplomats Wartime Shipping Control Act places all Japanese ships under government control. Only 37 vessels, totaling 155,469 gross tons, remain after World War ll. (185vessels totaling 1,131,424 gross tons lost in the war) 1945 United Nations founded. General Agreement on Tariffs and Trade (GATT) established. (1948) 1

2 Main liner services resume Korean War ( ) San Francisco Peace Treaty signed. (1951) Warsaw Pact signed. (1955) Japan joins the United Nations. (1956) Group s first crude oil tanker, Tamba Maru, launched European Economic Community inaugurated. (1958) Group s first iron ore tanker, Tobata Maru, launched Cargo-passenger ship, Hikawa Maru, moored in the port of Yokohama, where it is opened to the public World s first large LPG carrier, Bridgestone Maru, completed NYK and Mitsubishi Shipping Co. Ltd. merge to form a newly enlarged NYK Group. World s first wood-chip carrier, Kure Maru, launched Vietnam War ( ) European Community formed. (1967) Hakone Maru, Japan s first fully containerized ship, begins service on new California route U.S. shipping company Sea-Land Corporation begins container service between Japan and North American west coast. Near seas and domestic coastal services transferred to Kinkai Yusen Kaisha Ltd. Container service to Australia begins. Group s first car carrier, Toyota Maru No.V, launched. NYK Line (Hong Kong) Ltd. and NYK (Thailand) Co. Ltd. established Apollo 11 lands on the moon. Container service to the west coast of North America begins Japan s Sea Pollution Prevention Act enacted. Container service to Europe begins Container service to the east coast of North America begins Japan and Chaina reestablish diplomatic relationds. Okinawa reverts to Japan. First oil crisis (1973) Japan shifts to floating exchange rate system. (1973) Group s first container terminal operations commence at Oi in the port of Tokyo Nippon Cargo Airlines Co. Ltd. (NCA) established Container service to Persian Gulf begins Second oil crisis Australia-Malaysia-Persian Gulf container service begins Iran-Iraq War ( ) 2

3 Container service to the west coast of South America begins. Container service to South Africa begins NYK Line (Singapore) Pte. Ltd. established. LNG shipments from Indonesia to Japan begin U.S Shipping Act of 1984 enacted. (1984) Double-stack container train service operated with the Southern Pacific Transportation Company links Los Angeles, Chicago, and Cincinnati Plaza Accord signed. Group s first long-term management vision, "NYK 21," 1986 Chernobyl Nuclear Power Plant incident NYK Line (North America) Inc. established. Hong Kong Logistics Center completed NYK Line (Europe) Ltd., NYK Bulkship (USA) Inc., and NYK Bulkship (Europe) Ltd. established. Bangkok, Los Angeles, and Sydney logistics centers open Fall of the Berlin Wall Luxury cruise ship Crystal Harmony begins service as Group reenters cruise business NYK acquires Nippon Liner System Co. Ltd. Los Angeles and Oakland container terminals open. Laem Chabang (Thailand) Container Terminal opens. NYK Line (Australia) Pty. Ltd. and NYK Shipping (N.Z.) Ltd. established. Asuka, Japan s largest luxury cruise ship, begins service Persian Gulf War Collapse of the Soviet Union Kaohsiung (Taiwan) Container Terminal opens First Japan-registered double-hull tanker,takamine Maru, launched The EU is formed with 12 member nations. NYK Altair, a 4,800 TEU containership, launched. NYK Line (Deutschland) GmbH, NYK Line (Benelux) B.V., and NYK Line (Sverige) AB established Middle East peace treaty signed. NYK Line (China) Co. Ltd. established Great Hanshin-Awagi Earthquake in Kobe, Japan New container services offered through the Grand Alliance commence on the North America - European routes. LNG shipments from Qatar to Japan begin Marine Day enacted as a public holiday in Japan. Diamond Grace tanker accident occurs in Tokyo Bay Hong Kong reverts to China. NYK acquires Showa Line Co. Ltd. Introduction of NAV9000, a rigorous self-imposed safety management system Liner Division and Car Carrier Division obtain ISO 9002 certification

4 "NYK21 New Millennium Declaration," establishing medium- to longterm performance targets, 2000 Hinode Kisen Co. Ltd. becomes a wholly owned subsidiary of NYK and assumes responsibility for NYK s conventional ship business. NYK Shipmanagement Pte. Ltd. established in Singapore September 11 terrorists attack on the U.S. NYK (including chartered fleet) obtains ISO14001 certification, world s first for a shipping company. Ceres Terminals Inc. in the United States acquired The euro, unified currency of the European Community, enters into circulation. NYK 21 "Forward 120," the company s medium- to long-term group management vision, Renovated NYK Maritime Museum opens in the Yokohama Yusen Building. NYK Logistics (Europe) Ltd. and NYK Logistics (Asia) Pte Ltd. established. Group invests in Dalian Port RORO terminal Iraq War ( ) SARS (Severe Acute Respiratory Syndrome) epidemic breaks out. All logistics subsidiaries rebranded as NYK Logistics. MTI (Monohakobi Technology Institute) established for the development of new technology. Office of Corporate Citizenship (OCC) established Avian (bird) flu epidemic in Asia ndian Ocean earthquake (M 9.1) New medium-term management plan, New Horizon 2007, Nippon Cargo Airlines (NCA) becomes a consolidated subsidiary of NYK. Resident representative established in Russia Kyoto Protocol becomes effective. Resident representative established in Istanbul. Endorsement and support for the United Nations (UN) Global Compact. NYK Vega, an 8,600 TEU containership, launched. Luxury cruise ship Asuka II launched NYK-TDG Maritime Academy opens in the Philippines. NYK Group Values (The 3 I s - integrity, innovation, and intensity) 2007 Crude oil price rises to US$100 per barrel New Horizon 2010, the company s new medium-term management plan, NYK Cool Earth Project launched to address enviromental concerns. Auriga Leader, a solar-power-assisted vessel, launched Bankruptcy of Lehman Brothers, a major U.S. financial services company Exploratory design for NYK Super Eco Ship 2030 released. Group participates in project for ultra-deepwater drillship chartered by Petrobras H1N1 influenza pandemic (swine flu) Group enters offshore shuttle tanker business by purchasing interest in Knutsen NYK Offshore Tankers AS. Liner Trade headquarters transferred to NYK Group South Asia Pte. Ltd. in Singapore. Yusen Logistics established to integrate the NYK Group s logistics New medium-term management plan, More Than Shipping 2013, Group participates in FPSO business (ultra-deep pre-salt layer off Brazil) Great East Japan Earthquake (M 9.0) 4

5 NYK s Ship Energy Efficiency Management Plan (SEEMP) becomes the first in the world to be certified by ClassNK. Members of the Grand Alliance and The New World Alliance create the G6 Alliance and cooperate to form new Asia-Europe container services. Group jointly participates in Wheatstone LNG project in Australia NYK-Hinode Line Ltd. and NYK Global Bulk Corporation merge to form NYK Bulk & Projects Carriers Ltd Syrian Civil War New medium-term management plan, "More than Shipping 2018," Group decides to build the world s first LNG. Group violates Japan s antimonopoly act Ebola virus epidemic Japan s first LNG-fueled tugboat, Sakigake, launched Decides the integration of container shipping businesses. World s first LNG-fueled pure car and truck carrier (PCTC) delivered

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