日本海事新聞ニュース Japan Maritime Daily Aug 19, 2026 (Wed)

If NYK’s tender offer for NS United Kaiun Kaisha is completed, one of the world’s leading owner-operators of iron ore carriers will emerge

Mr. Sumida

　NYK is moving ahead with plans for a tender offer (TOB) to make NS United Kaiun Kaisha a subsidiary ・・・ 続きはログインして下さいnext %E3%80%80NYK+is+moving+ahead+with+plans+for+a+tender+offer+%28TOB%29+to+make+NS+United+Kaiun+Kaisha+a+subsidiary.+If+the+tender+offer+is+completed+next+spring%2C+the+NYK+Group%E2%80%99s+iron+ore+carrier+fleet+will+expand+to+around+160+ships%2C+making+it+one+of+the+world%E2%80%99s+largest.+Nobuaki+Sumida%2C+managing+executive+officer+and+head+of+the+Dry+Bulk+Business+Headquarters+at+NYK%2C+said+in+an+interview+with+The+Japan+Maritime+Daily%3A+%E2%80%9CThe+main+purpose+of+the+tender+offer+is+not+to+compete+for+a+share+of+the+Japanese+market.+If+the+TOB+is+successful%2C+we+will+leverage+economies+of+scale+and+aim+for+sustainable+growth+in+the+global+market+together+with+the+officers+and+employees+of+NS+United+Kaiun+Kaisha+and+Nippon+Steel+Corporation%2C+our+joint+venture+partner.%E2%80%9C+%3Cbr%3E%3Cbr%3E%E3%80%80%E2%80%9CThe+Capesize+market+is+a+mature+market%2C+and+scale+will+become+important.+Just+as+consolidation+has+progressed+in+the+container+ship+industry+over+the+past+decade%2C+the+number+of+players+in+the+Capesize+bulker+sector+may+be+reduced+in+the+future.%E2%80%9C+%3Cbr%3E%E3%80%80Sumida+takes+this+view+of+the+future+of+the+iron+ore+carrier+market.+%3Cbr%3E%E3%80%80Globally%2C+many+Capesize+bulkers+delivered+around+2010%2C+during+China%E2%80%99s+boom+period%2C+are+approaching+15+years+of+age+or+older%2C+while+supply+and+demand+for+newer+vessels+is+becoming+tight.+Some+major+resource+companies+have+been+forced+to+take+measures+such+as+easing+age+restrictions+on+chartered+vessels.+%3Cbr%3E%E3%80%80Furthermore%2C+persistently+high+vessel+prices+have+raised+the+hurdles+for+conducting+newbuilding+programs+and+purchasing+secondhand+vessels%2C+and+for+the+time+being%2C+market+conditions+are+likely+to+remain+favorable+for+%E2%80%9Casset-rich%E2%80%9C+owner-operators+with+abundant+core+fleet+capacity.+%3Cbr%3E%3Cbr%3E%E3%80%80%E2%96%A0+Global+share+of+8%25+%3Cbr%3E%E3%80%80Sumida+said+emphatically%2C+%E2%80%9CI+am+convinced+that+our+company+and+NS+United+Kaiun+Kaisha+can+become+a+stronger+presence+by+jointly+leveraging+economies+of+scale+and+superior+seamanship.%E2%80%9C+%3Cbr%3E%E3%80%80NYK%E2%80%99s+fleet+of+iron+ore+carriers+%28iron+ore+carriers+and+Capesize+bulkers%29+currently+comprises+about+110+vessels%2C+while+NS+United+Kaiun+Kaisha+has+about+50.+The+combined+fleet+of+160+vessels+represents+an+8%25+share+of+the+world%E2%80%99s+more+than+2%2C000+Capesize+vessels.+%3Cbr%3E%E3%80%80It+will+strengthen+its+position+as+one+of+the+world%E2%80%99s+leading+owner-operators+of+iron+ore+carriers%2C+alongside+China%E2%80%99s+COSCO+Group%2C+Germany%E2%80%99s+Oldendorff%2C+and+Singapore%E2%80%99s+Berge+Bulk.+%3Cbr%3E%E3%80%80NS+United+Kaiun+Kaisha+has+consistently+conducted+its+newbuilding+programs+since+before+vessel+prices+began+to+rise%2C+assembling+a+fleet+of+highly+competitive+modern+vessels.+Furthermore%2C+it+has+ordered+several+methanol+dual-fuel+Capesize+vessels+from+Nihon+Shipyard+and+decided+to+deploy+them+under+long-term+contracts+for+Rio+Tinto%2C+the+Anglo-Australian+mining+giant.+Environmental+synergies+are+expected+with+NYK%2C+which+is+advancing+the+deployment+of+LNG+%28liquefied+natural+gas%29+dual-fuel+Capesize+vessels.+%3Cbr%3E%E3%80%80Sumida+said+with+respect%2C+%E2%80%9CWe+have+deep+respect+for+NS+United+Kaiun+Kaisha%E2%80%99s+excellent+quality%2C+the+deep+cooperative+relationships+it+has+built+with+its+customers%2C+and+its+management%2C+which+has+achieved+stable+earnings.%E2%80%9C+%3Cbr%3E%3Cbr%3E%E3%80%80%E2%96%A0+Contributing+to+global+strategy+%3Cbr%3E%E3%80%80This+tender+offer+is+also+attracting+attention+from+the+perspective+of+the+joint+venture+strategy+between+NYK+and+Nippon+Steel+Corporation.+%3Cbr%3E%E3%80%80NS+United+Kaiun+Kaisha+is+currently+listed+on+the+Tokyo+Stock+Exchange%2C+with+its+largest+shareholder%2C+Nippon+Steel+Corporation%2C+holding+33.36%25+of+its+shares+and+its+second-largest+shareholder%2C+NYK%2C+holding+18.35%25.+%3Cbr%3E%E3%80%80If+the+tender+offer+succeeds%2C+NS+United+Kaiun+Kaisha+will+be+delisted+and+become+a+subsidiary+83.33%25+owned+by+NYK%2C+while+Nippon+Steel+Corporation+will+continue+to+hold+a+16.67%25+stake%2C+maintaining+its+role+as+a+steel+industrial+carrier.+%3Cbr%3E%E3%80%80The+NYK+Group+has+a+history+of+forming+joint+ventures+with+major+steelmakers+in+its+dry+bulk+business.+%3Cbr%3E%E3%80%80In+2007%2C+it+established+Tata+NYK+Shipping%2C+a+Singapore-based+joint+shipping+company+with+India%E2%80%99s+Tata+Steel.+In+2011%2C+it+launched+BAO-NYK+Shipping%2C+based+in+Singapore%2C+with+China%E2%80%99s+Baosteel+Group+%28now+China+Baosteel+Group%29.+%3Cbr%3E%E3%80%80Sumida+said%3A+%E2%80%9CThrough+my+experience+with+Tata+NYK+and+BAO-NYK%2C+I+have+come+to+strongly+appreciate+the+significance+of+joint+ventures+with+customers.+Through+joint+ventures%2C+we+can+gain+a+deeper+understanding+of+what+customers+are+thinking%2C+promote+mutual+understanding%2C+and+make+contributions+at+a+higher+level.%E2%80%9C+%3Cbr%3E%E3%80%80The+Nippon+Steel+Corporation+Group+has+set+a+goal+in+its+%E2%80%9C2030+Medium-+to+Long-Term+Management+Plan%E2%80%9C+of+becoming+the+world%E2%80%99s+No.+1+steelmaker+in+overall+capabilities+and+aims+to+achieve+global+crude+steel+production+of+more+than+100+million+tons+in+the+2030s.+%3Cbr%3E%E3%80%80In+its+overseas+strategy%2C+it+is+working+to+strengthen+integrated+steel+production+systems+in+key+regions%3A+the+United+States+and+Europe%2C+India%2C+and+Thailand.+%3Cbr%3E%E3%80%80India+is+attracting+attention+in+the+transportation+of+iron+ore.+%3Cbr%3E%E3%80%80Through+a+joint+venture+with+Europe%E2%80%99s+ArcelorMittal%2C+Nippon+Steel+Corporation+is+pursuing+production-expansion+investments+totaling+more+than+1+trillion+yen+at+the+Hazira+steelworks+in+Gujarat+on+India%E2%80%99s+west+coast%2C+including+the+construction+of+two+blast+furnaces.+It+is+also+planning+to+build+a+new+integrated+steelworks+with+an+annual+capacity+of+7+million+tons+in+Andhra+Pradesh+on+India%E2%80%99s+east+coast.+%3Cbr%3E%E3%80%80As+India+is+an+iron+ore+producer%2C+its+imports+of+steel+raw+materials+have+so+far+centered+on+coking+coal.+However%2C+in+recent+years%2C+imports+of+high-grade+iron+ore+have+also+gradually+increased+amid+rapidly+expanding+domestic+demand%2C+broadening+the+scope+of+activity+for+the+Capesize+fleet.+%3Cbr%3E%E3%80%80Nippon+Steel+is+pursuing+the+full+acquisition+of+U.S.+Steel+in+the+United+States+and+the+acquisition+of+a+major+electric-furnace+steelmaker+in+Thailand%2C+among+other+initiatives.+New+developments+are+also+expected+in+the+steel+trade%2C+involving+the+fleet+of+General+Cargo+Carriers+in+Asian+Waters+of+the+newly+formed+NS+United+Kaiun+Kaisha+and+the+multipurpose+vessel+fleet+of+NYK+Bulk+%26+Projects+Carriers%2C+NYK%E2%80%99s+dry+bulk+business+subsidiary.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E6%83%85%E5%A0%B1%E3%82%92%E8%AA%8D%E8%AD%98%E3%83%BB%E5%88%86%E6%9E%90%E3%81%97%E3%81%A6%E7%B5%90%E6%9E%9C%E3%82%92%E5%87%BA%E5%8A%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E4%BD%BF%E7%94%A8%E3%81%97%E3%81%9F%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%A7%E3%81%82%E3%82%8B%E3%81%93%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【日本郵船　NSU海運TOB】鉄原船「規模の力」発揮。住田本部長、日鉄と合弁深化

2026/08/19(水)

日本海事新聞 JMD

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