Anchor Ship Partners' move to take a 50% stake in NYK Line's cruise subsidiary is part of a plan to help the giant Japanese shipowner fund a cruiseship newbuilding and refurbish an existing passengership.

Anchor is a Tokyo-based ship investment fund that was established with the aim of supporting the Japanese shipping industry. Its primary focus is investing in the long-term financing of newbuilding projects in the containership, tanker and car carrier markets.