Tsuneishi and Mitsui Shipbuilding join forces

Tsuneishi and Mitsui Shipbuilding join forces

Japanese shipbuilders continue to collaborate to stay competitive amid fierce competition from rivals in East Asia.

Tsuneishi Shipbuilding has signed a business cooperation agreement with Mitsui E&S Shipbuilding to work on the design and building of commercial ships. The deal also sees the two famous shipbuilders join forces on procurement as well as using each other’s yards both at home and overseas. Tsuneishi has three overseas yards in the Philippines, China, and Paraguay.

Japan was the largest shipbuilding nation in the world through to the start of this century at which point it was surpassed by South Korea and then China. Its biggest names have merged repeatedly and other yards have sought cooperation agreements between themselves just like the Mitsui and Tsuneishi deal.

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.

Related Posts