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Mitsubishi Corporation (MC) established Diamond Tanker Pte. Ltd. in April 2005 in a move to shift its tanker operations for the transport of crude oil and petroleum products to Singapore. Already known as one of Asia's premier hubs for marine transportation, Singapore is now promoting national policies to attract even more shipping enterprises. It is also avidly supporting human resources development in order to respond to the growing demand for marine transport specialists that is accompanying increasing demand for seafaring vessels. Singapore boasts a growing pool of shipping experts, which is not limited to local professionals, but also includes capable people from the West and throughout Asia. By basing its operations in Singapore, Diamond Tanker expects to have access to some of the world's top shipping experts. By capitalizing on the positive environment in Singapore, MC aims to realize a competitive cost structure and further raise the level of the tanker services it provides to customers around the world.
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