Nippon Yusen Kaisha (NYK) has announced the name of its newly established shipping subsidiary in Yokohama: NYK Energy Ocean.
The launch follows NYK’s agreement last July to acquire the majority of Eneos Ocean Corporation’s fleet, previously known as JX Ocean. As part of the deal, NYK secured an 80% stake in the new entity, which will oversee nearly 50 ships, excluding Eneos Ocean’s crude tanker operations.
NYK Energy Ocean will manage a diverse fleet, including 18 LPG carriers, 19 chemical and product tankers, and 12 bulkers. Koichi Chikaraishi, a seasoned shipping executive and former representative director and senior managing corporate officer at NYK, has been appointed as the company’s president.
