NYK merges three dry bulk shipping companies

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Japanese shipowner has brought together shipowning, ship management and maritime transport for its dry bulk business

NYK Bulkship Partners (NBSP) was founded today, 1 April, integrating three dry bulk shipping related companies in the NYK Group.NBSP brings together Asahi Shipping, Hachiuma Steamship, and Mitsubishi Ore Transport and their personnel into a single company to provide maritime transport services for bulk cargoes such as iron ore, coal, and wood chips.The new company integrates shipowning and ship management functions both inhouse and for third parties. Koichi Uragami, President and CEO of NBSP, commented, “Today marks the launch of NYK Bulk Ship Partners Co., Ltd. By bringing together the expertise and talent cultivated by Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd., we will refine our comprehensive capabilities to integrate maritime transport, ship owning, and ship management into a unified whole, grounded in safe and reliable transportation. As an indispensable partner to our customers, we will strive to create value that supports society and industry.”Uragami, was previously President and Representative Director, Mitsubishi Ore Transport.NBSP owns 21 vessels and manages a fleet of 87 ships.

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