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Three NYK Group’s companies to merge

Container News
Three NYK Group’s companies to merge

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.

The new company will be named NYK Bulkship Partners Co., Ltd. and is scheduled to commence operations in January 2026. The head office will be in Tokyo, Japan and will own 22 vessels.

The number of managed vessels will be 91, including vessels owned by the company and vessels managed by subsidiaries.

“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,” stated NYK Group.

The post Three NYK Group’s companies to merge appeared first on Container News.

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