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Apr. 14, 2025 Nippon Yusen Kabushiki Kaisha Asahi Shipping Co., Ltd. Hachiuma Steamship Co., Ltd. Mitsubishi Ore Transport Co., Ltd.
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 NYK Group, press release
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