2025.04.14.Merge with NYK Group companies Asahi Shipping Co., Ltd. and Hachiuma Steamship Co., Ltd. .
Mitsubishi Ore Transport Co., Ltd. will merge with two shipping and ship-management companies within the NYK Group — namely, Asahi Shipping Co., Ltd. and Hachiuma Steamship Co., Ltd. —as part of a strategic business integration.
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.
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 |
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/ |
Inquiries can be directed to the below contact.
Nippon Yusen Kabushiki Kaisha
Media Relations Team, Corporate Communication Group
Email: nykjp.ml.media@nykgroup.com