History of IINO LINES

The history of IINO LINES can be traced back to 1899, when the founder Torakichi Iino began transporting coal by barge at Maizuru Port, Kyoto Prefecture. Despite the curtailment of the business during the Second World War and again as a result of the major consolidation of Japan’s shipping industry in 1964, the IINO Group has contributed to livelihoods, industry, and society through two distinct businesses: the Shipping Business focusing on the transport of resources and energy and the Real Estate Business engaged in office leasing.

Shipping Business

Real Estate Business

Founded in Maizuru, Kyoto
Expanded into domestic and oceangoing LPG tanker business
Transferred Liner Service Department due to shipping industry consolidation
Completed construction of the former IINO Building

Shipping Business

Founded in Maizuru, Kyoto
Founded in Maizuru, Kyoto
Transferred Liner Service Department due to shipping industry consolidation

Real Estate Business

Completed construction of the former IINO Building

1899

Torakichi Iino founded IINO Shokai in Maizuru, Kyoto, with commencement of transportation of coal by barge and stevedoring.

1918

IINO Shoji Kaisha, Ltd. was established as the successor to Iino Shokai with capital of 1 million yen.

1922

IINO Kisen Kaisha, Ltd. was established to assume the carriage of goods by sea by IINO Shoji Kaisha, Ltd.

1929

TAKATORI MARU No. 1 (1,266 DWT), the Group’s first tanker, was delivered.

1931

FUJISAN MARU (13,586 DWT), Japan’s largest oceangoing tanker, was delivered.

1941

IINO Shoji Kaisha, Ltd., merged with IINO Kisen Kaisha, Ltd., and was renamed IINO Kaiun Sangyo Kaisha, Ltd.

1944

IINO Kaiun Sangyo Kaisha, Ltd. was renamed IINO KAIUN KAISHA, LTD., the current company name.

1946

Head Office moved from Maizuru to Mitsubishinaka Building No. 11, Marunouchi, Chiyoda-ku, Tokyo.

1948

TOA MARU left the Port of Yokohama to ship crude oil from Bahrain.

1949

The Company’s stock was listed on the Tokyo Stock Exchange (By October 1952, it was listed on other domestic stock exchanges, including the Osaka Securities Exchange).

1950

RYUHO MARU (14,717 DWT), Japan's first large-scale tanker of the postwar era, was delivered.

1951

Liner services opened to Bangkok, India, Pakistan, and New York; IINO LINES moved into operations of liner services.

1955

IINO Fudosan Kaisha Ltd. was established.

1957

Liner service was opened to Western Australia.

IINO LINES increased its capital to 13.2 billion yen.

1958

Liner service was opened to Nakhodka. Liner service between North America and Southeast Africa was opened.

1960

Liner service opened to the Great Lakes and Canada.
TOHO MARU, Japan’s first pressurized gas carrier for regional shipping, was delivered, and the Company began regional shipping of LPG.

IINO Building (total floor area: 76,808.82 m²) was completed. The Company’s Head Office was moved to this location.
IINO Hall began operations.

1963

TOYOSU MARU (22,974 DWT), the Group’s first LPG ocean tanker, was delivered. Chiyoda Petroleum Co., Ltd. (a joint venture with Nippon Oil Corporation) was established. Began petroleum retailing.

The separation of the Liner Service Department was brought about by consolidation in the shipping industry and transferred to IINO Kisen Kaisha, Ltd., which later amalgamated with Kawasaki Kisen Kaisha, Ltd. Since then, focus placed on tankers and tramp cargo shipping operations.

1899 - 1963
1964 - 1978
1979 - 1990
1991 - 2007
2008 -