Fairfield-Maxwell Ltd. (FML) is returning to the shipping industry in Japan and opening a new office in Tokyo aimed at participating in ship construction, ownership, investment and leasing.
The new company will focus on being the tonnage provider of choice and offering a diverse range of vessel types, including chemical tankers, medium range (MR) tankers, gas carriers and newbuilds.
The new company – to be named Fairfield Maritime Japan Ltd. – will be a part of a newly formed Fairfield Maritime Group. The business will build on the significant 65-plus year legacy in the shipping industry.
This new business launch comes approximately two years after FML’s divestiture of subsidiary Fairfield Chemical Carriers to MOL Chemical Tankers. Fairfield Chemical Carriers was a major operator of stainless steel chemical tankers worldwide, owning and operating a fleet of approximately 40 tankers at its peak.