Mitsui Engineering & Shipbuilding joins forces with Tsuneishi

Mitsui Engineering & Shipbuilding joins forces with Tsuneishi

In the latest collaboration move among Japan’s hard-pressed shipyards two well-known names are forming a business alliance.

Mitsui Engineering & Shipbuilding (MES) and Tsuneishi Shipbuilding will work together, jointly designing and building merchant ships, the pair said in a release on Thursday.

MES hopes to enhance its international competitiveness by making use of Tsuneishi’s overseas shipyards in China and the Philippines to build large vessels at low cost. In return MES will help Tsuneishi with vessel designs and equipment procurement as the pair battle to remain competitive amid intense competition from China and South Korea that has seen many mergers in the Japanese yards scene this century.

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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