NYK is looking for growth in the LNG and cruiseship markets after a sluggish 2016 for the industry that saw the Japanese company cut its dividend for the first time in over half a century.
President Tadaaki Naito is also seeking developments in the car carrier business and stable income from the company’s tanker activities, he told investors today.
In his New Year speech, Naito said 2016 marked a turning point for the NYK Group, with large losses and substantial fall in its share price.
“We
