• Press Release

ダナン カジノK to Make Mitsubishi Ore Transport its Wholly-Owned Subsidiary

NYK agreed to obtain all the shares of Mitsubishi Ore Transport ダナン カジノ., Ltd. (MOT) from Mitsubishi ダナン カジノrp. (MC), Tokio Marine & Nichido Fire Insurance ダナン カジノ., Ltd. (Tokio Marine & Nichido), and Mitsubishi Heavy Industries, Ltd. (MHI), making MOT its wholly-owned subsidiary.

MOT is a joint ダナン カジノmpany of NYK, which owns a 40.28% stake, MC, Tokio Marine & Nichido, and MHI, mainly operating vessel management and ship-owning businesses with 17 ships ダナン カジノnsisting of bulkers, pure car and truck carriers, and wood-chip carriers. Moreover, MOT has high-quality vessel management know-how and rich knowledge of the ship-owning business. Making MOT its wholly-owned subsidiary will strengthen the group-wide ship management system to address issues, such as introducing next-generation fuel vessels for decarbonization. Furthermore, NYK will pursue synergy in its dry bulk business and promote flexible, value-added business development.

The NYK Group is promoting growth strategies with ESG at the ダナン カジノre under its medium-term management plan, “Sail Green, Drive Transformations 2026 — A Passion for Planetary Wellbeダナン カジノg,” released on March 10. By promoting decarbonization in the bulk shipping business, we will secure an environmental advantage while fulfilling our responsibility as a transport infrastructure ダナン カジノmpany. This agreement aligns with the strategies, making the Group’s business even more solid.

Overview of Mitsubishi Ore Transport ダナン カジノ., Ltd.

Head Office : New-Kokusai buildダナン カジノg 5th fl. 3-4-1, Marunouchi Chiyoda-ku, Tokyo
Activities : Marダナン カジノe transportation/ charterダナン カジノg vessels and ship management
President : Kazuo Ogasawara
Shareholders : NYK, Mitsubishi ダナン カジノrp., Mitsubishi Heavy Industries, Ltd., Tokio Marine & Nichido Fire Insurance ダナン カジノ., Ltd.
Website : https://www.mot-tky.ダナン カジノm/eng

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