Press Release

Three NYK Group Shipping and Ship-Management Companies to Merge

Nippon Yusen Kabushiki Kaisha
Asahi Shipping Co., Ltd.
Hachiuma Steamship Co., Ltd.
Mitsubishi Ore Transport Co., Ltd.


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)
*The three companies plan to resolve the amalgamation at their respective general shareholder meetings.
*Additional details will be provided as soon as they are finalized.


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.


<Asahi Shipping Co., Ltd.>
Paid-in capital: JPY 495 million
Established: August 24, 1946
President: Satoshi Nemoto, President and Representative Director
Location: Minato-ku, Tokyo
Business: Shipping, ship leasing, ship management, etc.
Website: https://asahiline.co.jp/en/fronten/

<Hachiuma Steamship Co., Ltd.>
Paid-in capital: JPY 500 million
Established: January 7, 1925
President: Koji Shinozaki, President and Representative Director
Location: Kobe City, Hyogo Prefecture
Business: Shipping, ship leasing, ship management, etc.
Website: https://www.hachiuma.co.jp/english/

<Mitsubishi Ore Transport Co., Ltd.>
Paid-in capital: JPY 1,500 million
Established: January 26, 1959
President: Koichi Uragami, President and Representative Director
Location: Chiyoda-ku, Tokyo
Business: Shipping, ship leasing, ship management, etc.
Website: https://www.mot-tky.com/eng


Inquiries can be directed to the below contact.
Nippon Yusen Kabushiki Kaisha
Media Relations Team, Corporate Communication Group
Email: nykjp.ml.media@nykgroup.com

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