NYK Group has announced the planned merger of three of its group companies, Asahi Shipping Co, Ltd, Hachiuma Steamship Co, Ltd, and Mitsubishi Ore Transport Co, Ltd.
The three firms will come together to form a new company tentatively named NYK Bulkship Partners Co, Ltd, in January 2026.
The merger is still subject to approval at the general shareholder meetings of each company. Once finalised, the new firm will be headquartered in Tokyo, with business bases in both Tokyo and Kobe.
Leadership details, including the appointment of the new president, are yet to be announced.
The newly formed company will oversee a total of 91 vessels, out of which 22 will be owned by the company. The managed fleet will include a mix of dry bulk carriers, car carriers, woodchip carriers, and multipurpose vessels (MPPs).
The vessel count also includes ships managed by the subsidiaries of the three companies.
NYK Group stated that
Content Original Link:
" target="_blank">
