NYK Group's three shipping and ship management companies – Asahi Shipping Co., Ltd., Hachiuma Steamship Co., Ltd., and Mitsubishi Ore Transport Co., Ltd. – signed a merger agreement on October 28, 2025, aiming to integrate their business operations.

A new company, NYK Bulkship Partners Co., Ltd., has been established and will start operations from April 1, 2026, owning21 vessels and managing 90 vessels.

This integration not only enhances NYK's competitiveness in the dry bulk shipping sector but also marks the continuation of the three companies' presence in the dry bulk shipping market under a new identity.