2025.10.31.NYK Bulkship Partners Company Details Announced

Mitsubishi Ore Transport Co., Ltd. and two shipping and ship-management companies within the NYK Group — namely, Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., — entered into a merger agreement on October 28th, 2025, to integrate their business operations.

We are pleased to announce the establishment and key details of the new company, NYK Bulkship Partners Co., Ltd., which is set to commence operations in April 2026.

Corporate Name	NYK Bulkship Partners Co., Ltd. (NBSP)
Head office	Shinagawa Intercity Building C, 4F 2-15-3 Konan, Minato-ku, Tokyo
Capital	500 million yen
President and Representative Director	Koichi Uragami (President and Representative Director, Mitsubishi Ore Transport Co., Ltd.)
Executive Vice-Presidents	Hiroaki Ohashi (Advisor (Full-time), Nippon Yusen Kabushiki Kaisha) Koji Shinozaki (President and Representative Director, Hachiuma Steamship Co., Ltd.) Hiroshi Kawaguchi (President and Representative Director, Asahi Shipping Co., Ltd.)
Establishment	April 1, 2026
Shareholder	Nippon Yusen Kabushiki Kaisha (100%)
Number of owned vessels	21
Number of managed vessels	90 (including vessels owned by the company and vessels managed by subsidiaries)

NYK Bulkship Partners Co., Ltd. is committed to becoming an indispensable partner for our customers by uniting the strengths and distinct capabilities of its founding companies to deliver optimal shipping services.