Japanese shipbuilding giants join forces for LNG repair venture

Tokyo: Japan’s ongoing consolidation of its shipyard scene has seen two of the biggest names in the sector come together for a new venture.

MES-KHI Yura Dockyard is a ship repair yard launched this month by Mitsui Engineering & Shipbuilding (MES) and Kawasaki Heavy Industries (KHI).

MES has a 60% stake in the yard with KHI holding the remainder. The yard will initially employ 190 people. Its main focus will be trying to attract LNG ship repair business. Both KHI and MES are already LNG shipbuilders.

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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