New giant bulk player born as NYK merges three separate subsidiaries

NYK Group Plans To Merge Three Subsidiaries To Form NYK Bulkship Partners

Image Credits: NYK Line/X 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 head…

NYK Group announces companies merge

Three shipping and ship-management companies within the NYK Group will merge as part of a strategic business integration.

NYK merges three subsidiaries

Dale Crisp JAPAN’s NYK Group is bringing together three subsidiary companies in the shipping and shipmanagement sphere under the name NYK Bulkships Partners. The amalgamation will take effect from January 2026 and the Tokyo-headquartered company will own 22 vessels and manage another 91, drawn from the constituent entities. All have long histories, with Hachiuma Steamship formed in 1925, Asahi Shipping established in 1946 and Mitsubishi Ore Tran…

NYK to Merge Three Bulk Units Into New 91-Ship Entity

Three NYK Group shipping companies are set to merge into a new entity called NYK Bulkship Partners Co., Ltd. The integration, scheduled for January 2026, will combine the operations of...

NYK Group: Three Companies to Merge

Three shipping and ship-management companies within the NYK Group—Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd.—will merge as part of a business integration.Overview of New CompanyCorporate Name: NYK Bulkship Partners Co., Ltd.

NYK reveals new dry bulk player via triple merger

Japanese shipping line Nippon Yusen Kaisha (NYK) is rolling out a new player in the dry bulk sector through a merger of three of its shipping and shipmanagement subsidiaries. Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport are set to combine into NYK Bulkship Partners. The new company, based in Tokyo, will control a fleet …