Corporate Profile
  • Corporate Profile
  • Message from the President
  • Corporate Profile
  • Management Principle
  • Company History
  • Corporate Organization
  • Services
  • Owner and Operator
  • Fleet List
  • Safety & Environmental Activities
  • Vessel Safety Management
  • Risk Management
  • Environmental Activities

Company History

  Company History
1904 Founder Shinbei Iuni purchased a used vessel from England and named it Kenkon-Maru.
1905 Shinbei Iuni purchased a used vessel from England and named it Kenkon-Maru II.
1908 Inui Partnership Corporation was established in Kobe as an overseas shipping company capitalized at \3,000, owning 4 vessels for a total 11,340 tons deadweight.
1914 Had 7 vessels (24,000 G/T).
1933 Company reorganized as a stock company capitalized at \1 million and designated Inui Steamship Co., Ltd.
1941 At the start of World War II, the company had 19 vessels (100,000 tons D/W).
1945 At the end of World War II, the company had 5 vessels (17,500 tons D/W).
1949 Increased the capital to 60 million yen.
1952 Listed in the Tokyo Stock Exchange and Osaka Stock Exchange.
1961 Kenei-Maru dropped into the port of Mount Maunganui for loading New Zealand lumber.
1964 Became a member of Mitsui O.S.K. Lines group due to reorganization of marine transport consolidation.
1968 Merged with Wayo Kisen Co., Ltd. (capital, 50 million yen), increasing the capital to 1.25 billion yen.
1972 Started transport of wood chips with Kengo-Maru as the first ship.
1975 Started lumber transport business from USA and New Zealand to Far East.
1981 Established KENFLEET S.A. in Republic of Panama and consolidated existing overseas subsidiary company.
1988 Changed the name KEN FLEET S.A. to DELICA SHIPPING S.A.
1991 Established GRIFFITH S.A in the Republic of Panama
1995 Obtained safety certificate based on ISM Code.
2001 Transferred the head office to Nihonbashi, Tokyo.
2002 Started business tie-up with Meridian Co., Ltd (contract termination in 2007).
2003 Started contract service of handy bulk carrier from Mitsui O.S.K. Lines (contract termination in 2006).
2004 Observed 100th anniversary.
Surge in the shipping market.
2005 Issued 1st convertible bonds and the capital increased to 1,851,683,945 yen.
2006 Obtained certification for ISO 14001, an international industry environmental management standard.
2007 Issued 2nd convertible bonds and the capital increased to 3,351,682,819 yen.
2008 Recorded eighth consecutive quarterly rise and best account settlement gains in the fiscal year ending March 2008.
Dividends per share of \40.
Obtained certification for BS25999-2, the British business continuity management standard.