MITSUBISHI HEAVY INDUSTRY

LNG Carriers on the Upswing

This past March concluded an agreement between Mitsui O.S.K. Lines and Kawasaki Shipbuilding for construction of an LNG carrier with a capacity of 145,000 cu. m. With two of the carriers already delivered to Mitsui for use by both Oman and Algeria under co-ownership, this agreement marks the third informal order placed for this such vessel. In addition, both Kawasaki Shipbuilding and Mitsubishi Heavy Industries received an order for one 145,000 cu. m. carrier with the decision left open to buy another LNG from the Oman government this past July. The first carrier, which will be built at Kawasaki Shipbuilding’s Sakaide Works is set for delivery in December 2005. An option for a second carrier is being carried out at Mitsubishi Heavy Industries.

China Machine Tool Showroom for MHI

Mitsubishi Heavy Industries (MHI) to open showroom at Changshu Machine Tool Production Plant to enhance support for customers and users in China Mitsubishi Heavy Industries, Ltd. (MHI) is to open a showroom of the company's machine tools within its machine tool production plant in Changshu, Jiangsu Province. With the showroom MHI aims to demonstrate the high-performance features of its machine tools, including gear cutting machines

MHI, VINASHIN Sign Licensing Agreement

Mitsubishi Heavy Industries (MHI) signed an agreement to license its UE low-speed diesel engine technology to Vietnam Shipbuilding Industry Corporation (VINASHIN). Under the agreement, MHI will provide VINASHIN with the licensing rights to manufacture its large-sized diesel engines. The contract applies specifically to the Mitsubishi UEC-LA, LA, LSII and LSE engines with cylinder bores ranging from 330 to 680 mm. The agreement also encompasses marketing and servicing of these engines in

Thor-Lube Bearing Receives Orders

Thordon Bearings Inc. of Canada recently received orders for environmentally friendly Thor-Lube sealed stern tube bearing systems for three LNG carrier newbuild projects in Korea and Japan. Daewoo Shipbuilding & Marine Engineering Co. Ltd ordered systems for two ships, one for Shell International Gas Limited and the second for the Australian LNG Ship Operating Co. (ALSOC). Mitsubishi Heavy Industries (MHI) of Japan ordered the third system for a second Shell newbuild

P&O European Ferries Orders £33M Ferry

P&O European Ferries reportedly signed a £33 million contract with Japanese shipbuilder Mitsubishi Heavy Industries to build a new ferry for the Irish Sea.

Wynn Marine Gets P&O Contract

Wynn Marine has won the contract to supply their window wiper systems for two P&O Cruise Ships currently under construction at Mitsubishi Heavy Industries Shipyard, in Nagasaki, Japan. The contract is to supply 35 Type 1762 Pantograph wipers, per ship, as well as the Series 3000 Network Control System which supports the recently launched LCD Touch Screen Controller.

M'bishi Heavy Supplies LNG Compressors to Shell

According to a report from Reuters, Japan's Mitsubishi Heavy Industries Ltd said that it has been selected to supply liquefied natural gas compressors for use at LNG plants that Royal Dutch Shell Plc (RDSa.L) plans to build in the next six years.   Source: Reuters    

Mitsubishi Heavy Orders Increase in 2006

Mitsubishi Heavy Industries Ltd, said it has received orders for 23 vessels totaling 1.48m gross tons in 2006, up from 21 vessels weighing 1.08m gross tons a year earlier. On a deadweight tonnage basis, orders reached 1.20m tons this year, rising from 1.12m tons in 2005. There were five new ships ordered in Japan during the year, totaling 56,792 gross tons or 24,696 deadweight tons, compared to five vessels last year which reached 90,510 gross tons or 42,688 deadweight tons.

Japanese Shipbuilders Discuss Business Integration

Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. began preliminary discussion on potential business integration, Japan Times reported. The two companies are expected to take multiple integration formats into consideration, including an outright merger. But sources told Japan Times that some wariness remains within the firms about any form of integration that could cause the talks to undergo several twists and turns.

MCO Receives Order for Six Compressor Packages

Tokyo - Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for six compressor packages, to be installed on a floating production, storage and offloading system (FPSO), which Tupi BV plans to operate in the area of BM-S-11 at Brazil's coast. The compressor packages are the core unit of equipment to export natural gas extracted from oil fields.