Mitsubishi Heavy Industries (MHI) announced that, as from January 1, 2018, it will establish two new wholly-owned companies in the context of its shipbuilding business reorganization: Mitsubishi Shipbuilding Co., Ltd. and Mitsubishi Heavy Industries Marine Structure Co., Ltd.
As far as Mitsubishi Shipbuilding Co. is concerned, it will undertake construction of ships that require intensive outfitting, like ferries, vessels used by governmental agencies, etc.
Furthermore, the company will consolidate the current capabilities of MHI’s various shipbuilding bases and function as a business company dedicated to shipbuilding.
It will also make social contributions in areas impacting the environment, in order to achieve sustained development.
The second company, Mitsubishi Heavy Industries Marine Structure Co. will engage in the manufacture of large ships and marine structures.
In particular it will carry on construction of large ships making use of the premises and human resources of the Koyagi Plant of MHI’s Nagasaki Shipyard & Machinery Works.
The new company will also expand business in units accommodating new fuels and manufacture of marine steel structures.
MHI will be working in close cooperation with both of the companies, providing its support for their business operations.
MHI will work closely with the two new companies, providing its total support toward the development of their business operations.