Two years on from quitting shipowning with the sale of its chemical tanker fleet to Mitsui OSK Lines (MOL), New York’s Fairfield-Maxwell is returning to the business of shipping, opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing. The new company – Fairfield Maritime Japan – will focus on being the tonnage provider of choice and offering a diverse range of vessel types, including chemical tankers, medium range tankers, gas carriers and newbuilds. Fairfield Maritime Japan will leverage a highly experienced leadership team including Ryuichi Osonoe as president. Osonoe is a 40-year veteran executive formerly with Iino Kaiun Kaisha, Fairfield Maritime Japan will be part of a newly formed Fairfield Maritime Group. The business will build on the significant 65-plus-year legacy in the shipping industry, which began in 1957 when Keiichi Sugahara founded Fairfield- Maxwell and began brokering maritime crude oil shipments to Japan. This new business launch comes approximately two years after Fairfield-Maxwell’s divestiture of its subsidiary Fairfield Chemical Carriers to MOL. “With this reemergence, Fairfield Maritime Japan will build upon the Fairfield / Sugahara tradition of excellence in shipping,” said Byron Sugahara, chairman of the board of Fairfield-Maxwell. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsJapan United States