Backed by an unparalleled track record in the shipping business, IINO Lines is steadily putting the “IINO Commitment” into practice as it tackles environmental, social and governance (ESG) issues head-on.
With a history stretching back more than 120 years, IINO Lines is a long-established player in the Japanese and international shipping sector.
Today, the company operates under a dual business model composed of shipping and real estate, both asset-based businesses in which IINO invests and operates essential social infrastructures.
In the shipping sector, where earnings can be volatile because of variables such as shipping market conditions, FOREX, and trends in the global macroeconomy, the firm manages some 100 vessels, including oil and chemical tankers, and gas and bulk carriers.
The real estate sector, meanwhile, is less affected by external factors and enjoys stable earnings. The company owns six office buildings in central Tokyo, including the IINO Building company headquarters, and Hibiya Fort Tower, completed in June 2021, as well as one in London.
The company promotes global business and has offices in London, Dubai, Singapore, Houston, and Shanghai to serve clients around the world.
In line with its sustainability drive, President, Hiromi Tosha, confirms another recent development: “Our Company will convert to clean energy sources such as methanol, LPG, and LNG, and then work toward zero-emission fuels such as ammonia and hydrogen. “
It is a move which could see the company thrive for another 120 years. “In order for us to continue, we should not be satisfied with the status quo. We must keep evolving and adapting to changes occurring in society and in the market.”
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