Mitsubishi Heavy Industries (MHI) has reached basic agreements with fellow Japanese yards Imabari Shipbuilding and Namura Shipbuilding in the wake of ongoing discussions focused on forming alliances in the commercial ship business. Discussions toward concluding a similar alliance with Oshima Shipbuilding. continue.
“The agreements are targeted at achieving sustained growth through the pursuit of mutually complementary, synergy-generating alliances while respecting each partner’s independence, in an overall effort to strengthen the competitiveness of all alliance partners in the global marketplace,” MHI said in a release.
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, standardisation of engineering tools and fitting equipment, and 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.
