Kawasaki Heavy to slash 30% of Japanese staff

Kawasaki Heavy Industries (KHI) is downsizing its shipbuilding and offshore structure operations in Japan by around 30% amid a protracted downturn in new orders.

KHI will close on its docks at its Sakaide works by 2020 and will cuts its headcount by around 2,500.
While cutting back on home soil, KHI plans to ramp up operations in China where it has two joint ventures with Cosco – in Dalian and Nantong. More ships will be built in China including LNG carriers, KHI said.

KHI had mulled spinning off its shipbuilding and offshore division as well as looking at forming an alliance such as the one just announced by Mitsubishi Heavy, Imabari and Namura. In the end it decided a downsizing at home was its best option.

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.
Back to top button