NYK Bulk & Projects Carriers Begins Operations

NYK Bulk & Projects Carriers Begins Operations

NYK Bulk & Projects Carriers Ltd., created through the merger of two key wholly owned NYK subsidiary companies, NYK-Hinode Line Ltd. (Hinode) and NYK Global Bulk Corporation (NGB), began operations today.

Through this merger NYK Bulk & Projects Carriers Ltd. will strive to improve efficiencies and service quality and employ the NYK Group’s synergy to grow beyond the bounds of the existing business models.

Outline of NYK Bulk & Projects Carriers Ltd.

Company name

NYK Bulk & Projects Carriers Ltd.

Date of inauguration October 1, 2013

Location of head office 3-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo

Paid-In Capital 2,100 million yen

Shareholders Nippon Yusen Kaisha, Ltd. (100%)

Representative President: Masamichi Morooka

Executive Vice-President: Takashi Abe

Number of Employees 200

[mappress]

NYK, October 1, 2013