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Business alliance with InterStellar Technologies

Japan

  • Image of observation rocketImage of observation rocket
  • Image of rocket for launching a micro satelliteImage of rocket for launching a micro satellite

In January 2016, Marubeni reached an agreement with InterStellar Technologies Inc. (“InterStellar”) to pay the research expenses for rocket development, support domestic and overseas rocket sales, and also receive stock acquisition rights from Interstellar.
Interstellar develops rockets for space observation and zero-gravity experiments, as well as rockets based on observation rocket technology for delivering micro satellites to low earth orbit. Interstellar also accepts orders to launch satellites or experimental equipment into space.
For the space business, in addition to being the Japanese representative for U.S. satellite and related devices manufacturers, Marubeni will make use of the achievements and domestic/overseas network it has gained, and further contribute to the development of the space-related industry.

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Order for construction of 10 units of multi role response vessel and special spare parts (ODA project) from Philippine Department of Transportation and Communications

Philippines

  • The signing ceremonyThe signing ceremony

In May 2015, Japan Marine United Corporation, with the assistance of Marubeni, received an order for construction of 10 units of 40 m class multi-role response vessel and special-order spare parts from Philippine Department of Transportation and Communications.
This project is based on the “Maritime Safety Capability Improvement Project for the Philippine Coast Guard” through the Japanese ODA loan (a project by STEP: Special Terms for Economic Partnership), and the 10 units of 40 m class MRRVs and special spare parts will be provided for the Philippine Coast Guard (“PCG”). Delivery of the vessels began from the end of August, 2016.
The Philippines is an archipelago with over 7,000 islands and the 5th longest coastline in the world (350,000 km); therefore, maritime transportation plays a large role in the country’s economic and social development. PCG conducts sea search and rescue, marine environment protection, enforcement of maritime law, and management of navigation safety, but the number of vessels is not enough for the vast sea area to be covered. The project is expected to improve the capabilities for quick and appropriate sea rescue and maritime law enforcement within the coastal region, and contribute to improving marine safety in the Philippines.
Utilizing over 100 years of business performance in the Philippines from social/transportation infrastructure to trade, Marubeni will contribute to the development of a mutually beneficial Japan-Philippines relationship.

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Chartering contract for 11 mega-container ships for Evergreen Marine

Taiwan

  • Evergreen Marine-owned container ship (Image)

In January 2015, the Aerospace & Ship Division took part in the conclusion of a contract through which 11 mega-container ships (20,000 twenty-foot equivalent units) will be chartered to Evergreen Marine Corp. (Taiwan) Ltd. over a fixed term. Developed by Imabari Shipbuilding Co., Ltd., these state-of-the-art container ships are not only among the world’s largest but are also eco-friendly and highly energy efficient. The ships related to this contract will be gradually delivered during 2018 and 2019. In the future, the Division will continue to develop various projects in its ship business by organically linking the needs of ship operators, owners, builders, and financial institutions around the world.

Stake acquisition in an aircraft leasing company; Aircastle Limited

The United States

  • Aircastle's aircraft leasing businessAircastle's aircraft leasing business

In June 2013, Marubeni and Marubeni America Corporation ("Marubeni Group") acquired an approximately 15.25% stake in Aircastle Limited ("Aircastle"), a major aircraft leasing company, at approximately US$209 million. The investment will be made through a third-party allotment of new shares (Marubeni owns just above 27% as of the end of March 2016).
Aircastle is a global company that operates a lease and sales business for high-utility commercial jet aircraft throughout the world. As of March 31, 2016, Aircastle owns 153 aircraft and leases to 53 companies in 33 countries.
The demand for leasing commercial aircraft in aviation companies is expected to increase in the near future. This is because the demand for commercial aircraft is growing considerably, especially in emerging countries, which is a trend being accelerated by borderless economic activities and worldwide deregulation.
By acquiring a stake in Aircastle, Marubeni will enhance the revenue base of the aircraft leasing business and strengthen its value chain within the aviation industry. Marubeni will also help stimulate the aviation industry and contribute to its further development.

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Participating in aviation parts business

The United States

  • The warehouse of MagellanThe warehouse of Magellan

In June 2012, Marubeni acquired 50% equity ownership in the Magellan Aviation Group LLLP ("Magellan"), a U.S. aircraft parts provider, to participate in the management of Magellan.
Magellan and its subsidiaries engage in the business of selling recycled aircraft engines and parts. The companies purchase and disassemble used aircrafts to obtain engines and parts, repair them when necessary, and gain certification from aerospace authorities to sell them. The companies also conduct businesses that lease aircraft parts, including engines, and sell spare parts. The parts sold by the companies are used for regular maintenance on aircraft bodies and engines and are necessary for airline service providers to help reduce maintenance costs.
In the commercial airline industry, the Marubeni group is conducting diversified businesses, including dealing in passenger aircraft, business jets and engines, investment in aircraft-related equipment, operating leases on aircraft, the lease of engines, and providing ground services in airports. After participating in the sale of recycled aircraft parts, the company will establish a value chain in the aviation industry and contribute to the invigoration and further development of the industry.

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Expansion of LNG carriers business — Owning and Operating

  • LNG carriers

In 2010, Marubeni collaborated with BW Gas Limited to participate in the collective ownership and servicing business of LNG carriers. In 2011, Marubeni and Teekay LNG Partners L.P. jointly acquired an ownership interest in six LNG carriers from Danish firm A.P. Moller-Maersk A/S, which resulted in ownership of a total of 14 carriers.
In April 2013, Marubeni in collaboration with Korean SK Shipping Co., Ltd. ordered two LNG carriers by allocating the long-term charter contracts with a U.K. subsidiary of the major French oil and gas company, Total S.A., with the carriers to be completed in 2017.
LNG demand is expected to rise in the future, and LNG carriers are becoming increasingly important as the transportation method to meet those demands. Marubeni will continue to expand its LNG transportation business in the future.

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Oct. 13. 2011
Oct. 14. 2010

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