In the late 1920s the Japanese shipping company Nippon Yūsen (NYK) began a major shipbuilding program, aimed at expanding its international passenger service. Of eight passenger liners built, three were of the Hikawa Maru class, designed mainly for service on NYK's Yokohama-Seattle route. The three ships were the Hikawa Maru, Heiyo-Maru, and Heian Maru. On October 5, 1929 he launching ceremony for the Heiyo-Maru was held at the Osaka Ironworks Sakurajima Factory. The launching ceremony was attended by nearly 10,000 people, including the president of Nippon Yusen and the mayor of Osaka.
In October 1941, NYK was informed that due to rising tension between Japan and the United States, the liner would be converted to military use.
Heiyo-Maru was sunk in 1943 by an American submarine.
Heiyo Maru afire and sinking after she was torpedoed by USS Whale (SS 239) in the Central Pacific, 17 January 1943. Photographed through the submarine’s periscope.