Tata NYK Shipping Pte. Ltd. is a 50:50 joint venture of Tata Steel Ltd, India’s steel major and world’s sixth largest steel producer, and NYK Line, the Japanese shipping major and one of the largest and leading shipping companies in the world.
The company, incepted in year 2007, has a diversified, high-performance, environment friendly fleet of Japanese-built vessels. Its fleet mix of 8 Supramax vessels, 4 Panamax vessels (one of them owned & three under long term in charter), offers diversity in carriage capacities and flexibility to serve different customer segments across a wide spectrum of businesses and geographies, and till date carried over 196 million MTs of dry bulk cargo for its customers.
Tata NYK works with the NYK fleet, a total of more than 300 vessels in all segments of the dry bulk. Especially, in the capesize segment, where, NYK has a total of around 120 vessels, Tata NYK operates on trip time charter basis with NYK. While he company’s eco-friendly fleet primarily operates in Asia Pacific & Atlantic regions, the businesses also engage in cross trade between Atlantic & Pacific.
The ability to trade worldwide in a multitude of trade routes, carrying a wide range of cargoes for a varied set of customers, gives the business a competitive edge. Tata NYK offers long term voyage and time charters to its customers through customized freight structures, which helps them to gain control on their costs and manage the supply chain effectively. The business has successfully delivered solutions to big blue chip companies like Tata Steel, Tata Power, SAIL and JSW. The organization has been accredited with ISO 9001:2015 and ISO 14001:2015 certifications which re-enforce its reliance on robust business processes with high quality and environmental standards.
TATA NYK is headquartered in Singapore, one of today’s major shipping hubs in the world. The company has a wholly owned subsidiary in India named Tata NYK Shipping India Pvt. Ltd. which has offices in Kolkata and Mumbai.