IHI’s Aichi Works closes for good

IHI’s Aichi Works closes for good

A famous site in Japanese shipbuilding history is no more. The Aichi Works, belonging to conglomerate IHI, closed down on Friday.

The yard, which opened in 1973 and houses one of the largest drydocks in the country, was forced to close as offshore orders disappeared. The site is now set for redevelopment, while the 500 workers there will be reassigned work within the IHI empire.

In 2013, IHI merged its main shipyard division with Universal Shipbuilding to create Japan Marine United, but its Aichi site was kept outside of the deal and has since maintained its focus on offshore structures as well as SPB tanks for LNG carriers. However, demand for its Aichi products has virtually disappeared forcing the closure of the yard.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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