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

Reconstruction after shipping consolidation
Tankers and dry bulk carriers become main business
Completed construction of the Tokyo Sakurada Building.

Shipping Business

Reconstruction after shipping consolidation
Tankers and dry bulk carriers become main business

Real Estate Business

Completed construction of the Tokyo Sakurada Building.

1964

After reducing capital to 3.3 billion yen, capital was raised to 4.3 billion yen through a capital increase via third-party allotment with compensation.

1967

Capital was raised to 4.8 billion yen through a capital increase via third-party allotment with compensation.

The Tokyo Sakurada Building (total floor area: 17,762.63m²) was completed.

1970

ZENKOREN MARU NO. 5 (58,931 DWT), the Group’s first PANAMAX dry bulk carrier, was delivered.

1971

Dividends were restored for the first time in 13 years.

1972

TOHO MARU (231,910 DWT), a first-generation VLCC, was delivered.

1974

INO Marine Service Co., Ltd. was established to conduct ship management operations. In the following year, created Japan’s first tanker adopting a system whereby Japanese and foreign crew members worked together aboard.

1975

Siberian land bridge container service for Europe began; became co-owner of four container vessels (constructed between 1975 and 1980).

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