In accordance with the Myanmar Maritime University Act (The State Peace and Development Council Law No. 1/2002) of February 14, 2002, this University was temporarily opened in the compound of Institute of Marine Technology (IMT) (Now known as Myanmar Mercantile Marine College (MMMC)), Bayintnaung Road, Sinmalike, Yangon on August 1, 2002. The Ministry of Transport could establish colleges, institutes and schools affiliated to the University, as deemed necessary with the approval of the Government. On March 29, 2004 the Myanmar Maritime University was inaugurated with the modern design and now, over 2500 students are currently studying theoretically and practically at this university.
The main function of Myanmar Maritime University inaugurated by Ministry of Transport is to develop human resources by producing qualified Naval Architects, Ocean Engineers, Marine Engineers, Marine Electrical Systems and Electronic Engineers, Port and Habour Engineers, River and Coastal Engineers, Marine Mechanics and Navigation Officers. To achieve an effective Maritime Education and Training, Myanmar Maritime University has drawn up the respective curricula and syllabuses based upon various International Maritime Universities and International Maritime Organization (IMO ) conventions STCW 95.