Montego Transportation Company was established in 1973. It was a type-C company mainly engaged in shipping. It was a Liberian company without issued share capital. In 1979 - 1981 the vessel "Olympic Star" belonged to the company. In 1985 "Olympic Star" was sold to Ingleside Panama S.A. In 1991 Silverton Shipping Panama S.A. was the stockholder of the company.