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Company
Outline
Name Far East Shipping & Trading Co., Ltd.
Head Office 1-1-11 Nihonbashi Ningyocho
Chuo-ku, Tokyo
Established March 4, 1983
Capital JPY 96,000,000
President Keishi KAIFU
Employees 13 persons
Activities Ship Owning, Ship Management
Ship Broking (Sale & Purchase / Chartering)
Maritime Consultation
Banks Sumitomo Trust & Banking
Iyo Bank
Resona Bank
Calyon Corporate & Investment Bank
Bank of Tokyo-Mitsubishi UFJ

President
Keishi KAIFU


Profile
The company was established by Mr. Hachiro Kaifu, former executive vice president of Nissho Iwai, in March 1983 in Tokyo, and commenced business in the areas of shipowning and shipbroking, utilizing our known expertise in these areas.@As a shipowner, the first newbuildings were two 40,000 deadweight tons handy bulkers, delivered in 1986. Thereafter, the company has continuously expanded and diversified its own fleet, to include general cargo vessels and panamax bulkers, some of which were purchased from other quality owners. After the unfortunate, and premature, death of our founder, Mr. Hachiro Kaifu, in June 1994, Mr. Keishi Kaifu, his younger son, left Mitsui O.S.K. Lines, where he held senior positions in the liner and bulk shipping departments, to take up the position of representative director, to lead the company, and continue the traditions started by his father.
A major feature of the company, is to engage in both shipbroking, and shipowning. The company has excellent business relationships with charterers, in its role as an independent shipowner, and at the same time, it has very close relationships with owners and operators in both domestic and overseas markets. Hence, the company's most notable feature is the combination of the best ideas arising from its experience as a shipowner, ship manager and shipbroker. Reflecting on the above, the company currently has diversified activities in various areas of the shipping industry. The company will continue to move forward, offering its unique "boutique" style of services to shipping, and by utilizing its established broad network across the world.