ABOUT US

Established in 2007, Tata Steel Ltd, a prominent Indian steel major, joined forces with NYK Line, a leading Japanese shipping company, to form a dynamic joint venture in the shipping industry.

The collaboration between Tata and NYK has a rich history. One of the early business collaborations between India and Japan involved Jamsetji Nusserwanji Tata, the founder of the Tata Group, and Nippon Yusen Kaisha (NYK), also known as Japan Mail Steamship Co. Ltd.

 

During a visit to Japan in 1893, Jamsetji Tata initiated a partnership with NYK, which involved operating two cargo ships (Annie Barrow and Lindisfarne) on the Bombay-China-Japan route. These ships flew the flag of Tata Lines, while NYK operated these two vessels on the Bombay-China-Japan route. The cost offered by Tata Lines was competitive compared to P&O, charging Rs 12 per cubic tonne instead of P&O’s rate of Rs 19. This led to a freight war, with P&O significantly reducing its rates to Rs 1.8 per tonne and even offering to transport cotton goods to Japan for free. Loyal customers were given additional rebates. Despite losing most of its shipping contracts with Bombay’s mill-owners, Tata Lines received support from the Japanese Cotton Buyers’ Association.

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Tata NYK Shipping Pte. Ltd. is a joint venture established in 2007 between Tata Steel Ltd, the flagship company of the Tata Group and India’s major steel producer, and NYK Line, a leading Japanese shipping company and one of the world’s largest. The joint venture operates a diverse and high-performance fleet of Japanese and other renowned shipyard-built vessels, focusing on environmental sustainability. These vessels are either owned by Tata NYK or sourced through short to long-term insourcing agreements. By strategically planning for value creation and delivering operational finesse and flexibility, the innovative company provides comprehensive freight solutions to its customers.

 

Furthermore, Tata NYK possesses a distinct competitive advantage by trading across various trade routes and transporting a wide range of cargoes for diverse customers. The company prides itself on understanding its customers’ explicit and implicit requirements, considering their strategic and tactical position, and creating sustainable long-term solutions while maintaining short-term value. It offers customized freight structures, such as index link contracts, long-term voyage and time charters, enabling customers to control costs and effectively manage their supply chains. These unique capabilities position Tata NYK as a leading and preferred choice for both Indian and global corporations seeking oceanic transportation solutions.

Statistics

Average Fleet Age

11.8 Yrs

Annual Revenue (FY24)

433 Mn $

Cargo Carried (FY24)

28.8 Mn Tonnes

Total Shipment (FY24)

324

Port Calls (FY24)

1273

CO2 emission (FY24)

6.7 gmsCO2/tonnemile

Ship Routes

Milestones

  • 2023
    Tata NYK wins the Cloud-Shipping Award at the SBR Technology Excellence Awards 2023, for successful migration to fully cloud hosted shipping ERP, VIP (Veson IMOS Platform).
  • 2022
    (1) Conducted its 3rd biofuel trial on one of its “Sagar” series vessels showing commitment towards lower-emission energy solutions. (2) Recognized as an “Emerging Industry Leader” for driving excellence in its business processes at the JRDQV event in Mumbai. (3) Awarded with the prestigious SCALE Award by Confederation of Indian Industry (CII) for overall excellence in Supply Chain & Logistics.
  • 2021
    India’s 1st biofuel cape shipment undertaken; Pioneering initiative appreciated by Ministry of Shipping, Govt. of India.
  • 2020
    Awarded “Safety of the Sea Award” for outstanding contribution to the search and rescue of six Indonesian boat-wrecked crew off the coast of Samarinda by Maritime and Port Authority of Singapore.
  • 2019
    Only Asian owner to be invited to be a part of the UN Global Compact Sustainable Ocean Business Action Platform. Awarded AIS award from Maritime Port Authority of Singapore as an acknowledgment of Tata NYK holding AIS incentive.
  • 2018
    ISO 9001:2015 & ISO 14001:2015 re-certified.
  • 2017
    Set the record of highest cargo discharge at Mundra in a single lift (MV Onozuru Maru).
  • 2016
    Nominated amongst top 5 Dry bulk carriers of Asia.
  • 2015
    Delivery of Ice Class Panamax vessel MV Sagar Samrat.
  • 2014
    Addition of reputed customers like Tata Chemicals and Adani in the portfolio
  • 2013
    Crossed 50 MnT of cargo on cumulative basis.
  • 2012
    15 year Ice-Class Panamax deal concluded with TSE.
  • 2011
    Order placed for 2 more new building supramax vessels.
  • 2010
    Delivery of 2nd owned vessel- MV Sagar Ratan. ISO 9001:2008 certification achieved.
  • 2009
    Delivery of 1st owned vessel- MV Sagarjeet.
  • 2008
    Order placed for 4 new building supramax vessels. Secured 2 LT cape contracts (5-20 years).
  • 2007
    Formation of TATA NYK

GLOBAL OFFICES

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  • Singapore Office

    6 Shenton Way #18-08B. OUE Downtown Singapore - 068809

    Tel: +65 6262 2166
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  • Kolkata Office

    1405, Godrej Genesis, Block EP & GP, Sector V, Saltlake, Kolkata 700091

    Tel: +91 62923 28177

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