Mitsui O.S.K. Lines, has launched one of the world’s largest iron ore carrier, the Brasil Maru (327,180 MT DWT). Naming and delivery ceremonies were held at the Mitsui Engineering & Shipbuilding Co., Ltd. Chiba Works on December 7, 2007. It will transport Brazilian iron ore to Japan under a long-term contract with Nippon Steel Corporation. The new ship is the third-generation of MOL vessels to carry the Brasil Maru name, succeeding the first-generation cargo and passenger liner Brasil Maru (built in 1939) and the second-generation cargo and passenger liner Brazil Maru (built in 1954), reflect the long history of the Japan-South America route. On hand for the ceremonies were Nippon Steel President Akio Mimura and Mitsui Engineering & Shipbuilding President Yasuhiko Kato.