In 1981, most ocean-going bulk carriers of Taiwan were old and could not function properly. Delayed shipment and mechanical failure appeared to be the norm of those days in the shipping industry. Crops were moist due to the delays and shortages in shipment were normal. This caused heavy loss to owners of goods. As such, the related industries decided to solicit a pool of funds and place a new building order with China Shipbuilding Corporation to build a new large bulk vessel. This move contributed to owners of goods to properly control shipping schedules and the cycle time to market.

　In consideration of global competition, and the government policy of allowing flag of convenience vessels to carry goods between Mainland China and Taiwan, the company established a wholly owned subsidiary in Panama with the aim to expand the scale of the marine transport operation and to minimize operation expenses. In addition, the company also placed orders for new building vessels with Hitachi Zosen Corporation, Jiangnan Shipyard (Group) Co., Ltd., Imabari Shipbuilding Co. etc. in order to speed up and realize the above expansion scheme. In principle, Taiwan serves as the home base for the fleets. The other main market is the Asia Pacific (Mainland China , Indonesia , and Malaysia ), and also covering the Atlantic and Indian oceans.

　The company operates seven Panamax size bulk cargo ships and engages in marine transport services with both its own fleet and leased vessels. The company is one of the most active shipowners as well as ship operators engaging in seaborne dry bulk transportation in Taiwan. It also involved in the trading business of sea vessels.