- CEO
- Yusuke Otani
- Full Time Employees
- 688
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- IINO Building Tokyo TY Japan 100-0011
- IPO Date
- May 16, 1949
- Business
- Iino Kaiun Kaisha, Ltd. (IINO Lines) operates as a diversified shipping and real estate company primarily engaged in oceangoing shipping, short-sea and domestic shipping, and property leasing and management; it owns and operates a fleet of 87 vessels totaling 3.96 million DWT, including very large crude oil carriers, chemical tankers for petrochemicals, methanol, vegetable oils and lubricants, large gas carriers for liquefied petroleum gas and liquefied natural gas, small gas carriers, dry bulk carriers for coal, fertilizers and wood chips, and very large ethane carriers; real estate services encompass office building leasing and management in Tokyo, London and the United States, warehousing, hall and conference center operations, photography studios, IT support, insurance agency and shipping agency services. Founded in July 1899 and headquartered at IINO Building, 2-1-1 Uchisaiwaicho, Chiyoda-ku, Tokyo, Japan, the company conducts operations internationally through representative offices in Shanghai and subsidiaries in Singapore, Dubai, London and Houston, serving energy, chemical, industrial and commercial tenants with 84 group companies including 67 consolidated subsidiaries. Recent developments include delivery of the first very large ethane carrier IINO INEOS VESTÁ to INEOS Europe AG, strengthened collaboration with Fratelli Cosulich Marine Energy on alternative marine fuels, signing of a sustainable shipping impact financing agreement with Mizuho Bank for a VLEC, completion of Norsepower rotor sail installations on bulk carrier YODOHIME and VLGC Oceanus Aurora, decision to build Japan's first large methanol dual-fuel crude oil tanker, a second long-term time charter with Borealis for a very large gas carrier, capital increase for subsidiary IKK UK 2 LTD to acquire shares in Luxembourg-based Strand 111 S.à r.l. for London property expansion in March 2024, completion of a seven-story mass timber office building in Texas, USA, conclusion of an MOU on joint solar power plant projects, and receipt of DBJ Green Building Certification for IINO Building and Shiodome Shibarikyu Building.