NYK Line completed the acquisition of Northern Offshore Group.

NYK Line, a Japanese shipping company, completed the acquisition of Northern Offshore Group, a maritime transportation company. Financial terms were not disclosed. “For several years, NYK and N-O-G have had a close partnership that has very naturally evolved into this co-ownership. N-O-G will continue to operate as an independent entity but will have the ability to draw on the global resources of the wider NYK Group,” Carl-Johan Hagman, NYK Executive Officer.