IPC (USA) began our US operations under the name ITOCHU Petroleum Japan Ltd. in 2002. Our affiliation with Chemoil in the US and ITOCHU in Japan gives us a global coverage of today's fuel market.

A Fortune Global 500 company, ITOCHU Corporation is an international trading company founded in Japan in 1858. ITOCHU is a leader in Japan in telecommunications, information technology, the internet, media, and retail. ITOCHU has been an influential player in the petroleum industry since the start of the company's energy, metal, and minerals division. ITOCHU's energy expertise covers resource development projects to processing and trading in crude oil, LNG, nuclear power, and other energy resources.

Chemoil Corporation is part of the world-wide group of affiliated companies that include Chemoil-ITC, AFT-Chemoil, Chemoil Latin America, Berkshire Energy, Andorra Shipping, and Galaxy Energy with a total turnover of approximately $5 billion. In the year 2003, Chemoil Corporation bunkering supplied 5,000 vessels with more than 5 million metric tons of bunker fuel. Today, Chemoil controls significant market shares in all of its locations, dominating the bunker markets of the United States two largest container ports - Los Angeles and New York. Chemoil supplies approximately 20% of all bunkers delivered in the United States and approximately 4% of all bunkers worldwide.