NYK's Q2 2025 revenues drop due to tariff impacts

For the LNG carrier division, the results were steady on support from long-term contracts that generate stable earnings, according to NYK.

The floating production storage and offloading business recorded a one-off profit as a new project launched operations. Shuttle tankers also operated steadily.

NYK's bunker fuel sales business remained weak due to lower bunker oil prices and a decrease in sales volume. As for the cruise business, the cruise ship Asuka II completed a round-the-world cruise, while expenses in preparation for the launch of the operations of Asuka III were recorded. As a result of these, NYK's other businesses segment reported decreased revenues and profits year on year.