Three NYK Group Shipping and Ship-Management companies to merge

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Three shipping and ship-management companies within the NYK Group — namely, Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd. — will merge as part of a strategic business integration.

Overview of New Company

Corporate Name: NYK Bulkship Partners Co., Ltd. (tentative)

President: To be determined

Amalgamation date: January 2026 (scheduled)

Head office: Tokyo

Business bases: Tokyo, Kobe

Number of owned vessels: 22

Number of managed vessels: 91 (including vessels owned by the company and vessels managed by subsidiaries)

Purpose of Integration

As NYK Group companies, each of the three entities scheduled for integration has been developing its business by leveraging its unique strengths within its specialized business domain. Through this merger, we aim to further enhance our competitiveness in ship management, as well as in ship ownership and operations, by consolidating similar business functions and strengthening common ship-management capabilities.