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.