Japanese shipbuilders to form alliances in ship operations

Mitsubishi Heavy Industries, Ltd. (MHI) announced that has reached basic agreements with Imabari Shipbuilding Co., Ltd. and Namura Shipbuilding Co., Ltd. in the wake of ongoing discussions on forming alliances in the commercial ship business. Discussions toward concluding a similar alliance with Oshima Shipbuilding Co., Ltd. continue.

According to MHI, the agreements are targeted at achieving sustained growth through the pursuit of mutually complementary, synergy-generating alliances, in an overall effort to strengthen the competitiveness of all alliance partners in the global marketplace.

The newly completed basic agreements cover a variety of core issues, including:

  • development of new ship designs and innovative technologies,
  • sharing of designs and workforce,
  • standardization of engineering tools and fitting equipment,
  • flexible application of each partner’s construction capabilities.
  • It is also expected that separate contracts will be concluded between MHI and each partner, stipulating how the alliance will be specifically applied to actual business operations.

MHI notes that its aim is to enhance business competitiveness,  particularly in the areas of energy-saving and environmental technology and to further boost the presence of Japanese shipbuilders in the changing global shipbuilding industry.

Source & Image credit: MHI

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