The Beginning of Saipan Shipping Company, Incorporated

The devastation of World War II left the island of Saipan without an autonomous economy. The majority of the local residents found wage labor from the military government or returned to farm work.

Given the circumstances, there were only a few small capitalized retail stores on the island and cargo shipments for these small businesses were haphazardly scheduled to such a degree that goods to the island sometimes sat for weeks in the port of Guam. For Jose C. Tenorio, this limited the level of service he could provide at his small grocery store in the village of Chalan Kanoa. His ability to harness external forces was limited because the United States military held full control of all activity on the island.

As a self taught businessman, Tenorio (hereafter Joeten) was hungry foropportunity. Joeten nurtured relationships with the military stationed on Saipan, which was not the social norm at the time. By showing the military good old fashioned island hospitality, Joeten would later gain the credibility needed to assist with the approval of a new commercial shipping line for the island.

Joeten clearly understood that an established corporation born out of the Trust Territory of the Pacific Islands (TTPI) would be a risk. However, he also foresaw the potential rewards that would follow. Three people agreed to participate and help garner support in the birth of a shareholder-owned company. These additional pioneers of Saipan Shipping Company were Ricardo T. Borja, Herman R. Guerrero, & Vincente S. Camacho.

With shareholder support accomplished by the four men, Saipan Shipping Company, Inc. was established in Saipan as a trust territory corporation under the Navy Government in 1956. The corporate charter was signed in August 24th by Cmdr. Charles E. Miller, Naval administrator of the Saipan district. Soon after, the company’s first vessel the M/V Hope was purchased. 

In 1962, U.S. military control ended and security requirements were lifted. By this time, the M/V Four Winds had been added to the Saiship fleet. With federal budgets being created to help those within the TTPI increase their standard of living, the emergence of an autonomous market economy on Saipan was set into motion.

A Timeline of Events

From 1956 until present day, Saipan Shipping Company, Inc. has owned dozens of vessels and has bareboat chartered or space chartered other vessels to continue serving the people of the CNMI. The routes have been localized, regionalized, and taken international directions. Saipan Shipping’s services have been secured through our partnerships and all or these methods of providing shipments to and from Saipan over the years.

1956

Saipan Shipping Company, Incorporated was established on Aug. 11th. Vessel M/V Hope was purchased for $50,000.

1962

May: Vessel M/V Four Winds was purchased to augment local Service.

November: M/V Hope damaged by another Vessel, becoming unseaworthy.

November 11th: While in dry dock, the M/V Hope is sunk by Supertyphoon Karen.

1965

Vessel M/V Ran Annim is chartered by the Trust Territory government.

1966

The M/V Four Winds is sold to the Truk Transportation Company.

1968

Typhoon Jean sinks the M/V Four Winds while in port on Saipan.

1969

Charter of the M/V Ran Annim is terminated by the Trust Territory government.

M/V Mas Mauleg is purchased, a 750-ton capacity vessel with a 16 passenger berth.

1971

Under a charter/purchase agreement, the M/V Mas Mauleg is bareboat chartered to Micronesia Interocean Lines, Inc. to be used for a Saipan-Yap-Koror run.

1974

Saipan Shipping Company, Inc. enters into a contract with Dillingham Corporation on Guam to charter the DG-5, a tug and barge vessel.

1977

The global fuel crisis creates upward spiraling costs. As a result, management terminates the charters of the M/V Gunners Knot, the M/S Muskingum, and the M/S Fentress to reduce expenses.

Saipan Shipping Company, Inc. negotiates for a voyage space charter with Kyowa Shipping Company, LTD. on their vessels operating between Japan, Micronesia, and the South Pacific.

1979

The M/V Nomar is sold to a Taiwan Salvage Company.

1980

Saipan Shipping Company, Inc. signs a barge charter contract with Transpac Marine, providing a regular weekly route between Guam-Saipan-Tinian.