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Mitsubishi Ore Transport Co.,LTD
 
 
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¡Company's Profile
¡Company's History
¡Organization
 
 
Company's History
Jan.1959 F The company was founded as Chiyoda Ore Transport, Ltd. in a joint venture by Mitsubishi Corporation, Mitsubishi Mining Co., Ltd. (now Mitsubishi Materials Corporation), Mitsubishi Shipping Co., Ltd., Yawata Steel Corporation (now Nippon Steel Corporation), Mitsubishi Shipbuilding & Engineering Co., Ltd. (now Mitsubishi Heavy Industries Ltd.) and Tokio Marine and Fire Insurance Co., Ltd. (now Tokio Marine and Nichido Fire Insurance Co., Ltd.). The companyfs purpose was the transport of Atacama iron ore from Chile to Yawata Steel Corporation.
Capital 200 million

Jul.1960  F The gSanta Lucia Maru,h our first ore carrier, was built.

Jun.1962  F Increased capital to 500 million.

Mar.1964  F Changed name to g Mitsubishi Ore Transport Co., Ltd.h
The company became a fully independent international shipping company, with employees transferred from Mitsubishi Shipping Co., Ltd. and Mitsubishi Mining Co., Ltd.

May.1969  F Nippon Yusen Kabushiki Kaisha(NYK Line) become a shareholder.

May.1970  F Increased capital to 750 million

Oct.1970  F The gSanta Monica Maru,h our first Panamax bulk carrier, was built.

Aug.1977
F The gNeptune Diamond,h our first car carrier, was built.

Mar.1981
F The gSanta Vitoria Maru,h the first ship of a special government program, was built.

Mar.1982
F Increased capital to 1.5 billion.

Dec.1995 F

Received a gDocument of Complianceh for shipping management based on International Safety Management (ISM) codes.

Mar.1996 F The gForest Kishu,h our first Wood chip carrier, was built.

Jul.1996 F The gSanta Isabel,h our first Capesize bulk carrier, was built.

Jul.2002 F Developed long term fleet consolidation plan.

Oct.2002 F Established office in Manila, Philippines.

Dec.2002 F Ordered DW 177,000 mt Capesize bulk carrier as replacement for gSanta Isabel.h

Sept.2003 F The gFuji Spirit,h our first Aframax tanker, was built.

Feb.2004 F The gTorm Anholt,g the first ship of the long term fleet consolidation plan, was built.
May.2006 F Started gOwing 30 vessels planh
Aug.2006 F Capesize bulk carrier gSanta Luciah was built and placed in coal business under gNippon Steel Corporationh charter.
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