Nippon Yusen/Three Group Companies Sign Merger Agreement to Optimize Operations Through Business Integration

August 31, 2025 / SCM & Management

PR article

Nippon Yusen announced on October 28 that its group shipping and ship management companies, Asahi Kaiun, Hachiuma Kisen, and Mitsubishi Ore Transport, have signed a merger agreement for the purpose of integrating their businesses.

The new company, NYK Bulkship Partners (NBSP), is scheduled to begin operations in April 2026.

The three companies scheduled to merge have, until now, operated as group companies of Nippon Yusen, leveraging their respective strengths in their respective business areas.

NYK Bulkship Partners aims to become an indispensable partner for its customers by combining the strengths of three companies, each with its own distinct advantages, to provide optimal services.

■ Overview of the new company after the merger
Name: NYK Bulkship Partners (tentative)
Merger date: January 2026 (planned)
Headquarters: Tokyo
Business locations: Tokyo, Kobe
Number of vessels owned: 22
Number of vessels under management: 91 (including company-owned vessels and vessels managed by subsidiaries)

■ Three companies scheduled to merge (Asahi Kaiun)
Capital: 4 yen
Established: XNUM X Year X NUM X Month X NUM X Day
Location: Minato-ku, Tokyo
Business activities: Shipping, leasing of ships and other vessels, and ship management, etc.

■ Three companies scheduled to merge (Hachiuma Steamship Co., Ltd.)
Capital: 5 million yen
Established: XNUM X Year X NUM X Month X NUM X Day
Location: Kobe City, Hyogo Prefecture
Business activities: Shipping, leasing of ships and other vessels, and ship management, etc.

■ Three companies scheduled to merge (Mitsubishi Ore Transport)
Capital: 15 million yen
Established: XNUM X Year X NUM X Month X NUM X Day
Location: Chiyoda Ward, Tokyo
Business activities: Shipping, leasing of ships and other vessels, and ship management, etc.

LNEWS is a B2B news site specializing in logistics.
We send out emails every weekday morning.

Sign up for our free email newsletter here

LNEWS is a B2B news site specializing in logistics.
We send out emails every weekday morning.

Sign up for our free email newsletter here

Latest news about Nippon Yusen

View All Articles

Latest news regarding the merger

View All Articles

Latest news on SCM and management

Latest news