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. President Mimura named the ship and his wife Yoshiko cut the rope. Other special guests included passengers, a captain and crew members who were aboard the second-generation Brazil Maru, in effect passing the torch to from the second-generation of the Brazil Maru to the third, and celebrating its completion.
It will go into service in 2008 - the centennial anniversary of Japanese emigration to Brazil.
With launch of the third-generation Brasil Maru, MOL will be the first Japanese shipping company to begin full-scale operation of 300,000 MT DWT class very large iron ore carriers (VLOCs). The number of MOL-operated 300,000 MT DWT class VLOCs (including Brasil Maru) will be five in August, 2008.