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Mitsubishi Heavy

Mitsubishi Denies GE Rumors

Japan’s largest heavy machinery maker Mitsubishi Heavy Industries Ltd. denied a newspaper report that it is in talks with General Electric Co. on a business alliance. Japanese daily Asahi Shimbun said the two companies have started negotiating to form a business alliance for small power generators. "It is not true that we have started such talks," said a spokeswoman for Mitsubishi Heavy. But she said the company will consider a variety of alliances in many business fields in the future. The newspaper said limited capital investment by Japanese power companies amid a prolonged economic slump had forced the two rivals to join hands. In May, Mitsubishi Heavy reported its first-ever loss, for the business year that ended last March. Many of Japan's traditional industries continued to suffer from the nation's decade-long economic downturn. No immediate comments were available from GE. – (Reuters)


Mitsubishi Heavy Industries Revamp Singapore Businesses

MHI to launch new Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) in Singapore, integrating three local afiliated companies. Effective October 1st 2012 Mitsubishi Heavy Industries, Ltd. (MHI) will launch a new company, Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES), to supersede the current MHI Industrial Engineering & Services Private Ltd. (also abbreviated as MIES) after taking over various business functions of two other MHI


MHI Suffers Another Fire

Japan’s Mitsubishi Heavy Industries (MHI) extinguished a fire on an LNG being built at the Nagasaki yard. According to reports, the nearly-completed ship is being inspected for possible damage. Last October, the P&O cruise ship, Diamond Princess, suffered from a major fire at the same shipyard. MHI continued construction after an examination of the damage.


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


Steering Gear, Deck Machinery Licensed to Chinese Manufacturer

Mooring Winch MHI: Photo credit MHI

Mitsubishi Heavy Industries (MHI) licence Chinese manufacturers Jiangsu Masada Heavy Industries Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Jiangsu Masada Heavy Industries Co, Ltd., in Jiangsu Province, China, under which MHI is to license production and marketing of steering gears and deck machinery based on company technology to Jiangsu Masada.  The steering gear and deck machinery technologies to be licensed are for small and medium-sized


Kongsberg Maritime Outfits New PGS Vessels

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Two new state-of-the-art Ramform Titan-class seismic vessels under construction at the Mitsubishi Heavy Industries yard in Japan for Norway headquartered Petroleum Geo Services (PGS) will feature a delivery from Kongsberg Maritime including integrated navigation, Dynamic Positioning and an extensive back-deck handling systems package. The contracts, valued at  more than $50 million, were signed by Kongsberg Maritime and Mitsubishi Heavy Industries


Wärtsilä, CSIC, Mitsubishi New Chinese Factory

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Wärtsilä, China Shipbuilding Industry Corporation (CSIC) and Mitsubishi Heavy Industries (MHI) inaugurated their new, jointly owned, low-speed marine engine factory QMD in Qingdao, Shandong province. The state-of-the-art QMD factory features a modern welding shop, machine shop, assembly shop, and a testing shop, as well as facilities for heat treatment, blasting and painting. This engine production factory has automated equipment and processes, the flexible use of test beds


MOL, Kansai Electric Power Sign Deals to Build, Charter LNG Carriers

Mitsui O.S.K. Lines, Ltd. signed a long-term contract for two new liquefied natural gas (LNG) carriers with Kansai Electric Power Inc. (President: Makoto Yagi). At the same time, MOL concluded contracts to build the ships Kawasaki Heavy Industries, Ltd. (President: Satoshi Hasegawa) and Mitsubishi Heavy Industries, Ltd. (President: Hideaki Omiya). The ships are slated for launching in 2016 and 2017. MOL will manage and operate the vessels, with which transport LNG for Kansai Electric Power.


Steam Turbines: MHI in J/V with Chinese Company

Steam Turbine Manufacture: Photo credit MHI

MHI to establish small/medium-size steam turbine & marine-use steam turbine marketing & design business with Qingdao Jieneng Steam Turbine Group. Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with Qingdao Jieneng Steam Turbine Group Co., Ltd. of China, a major manufacturer of small steam turbines, under which the two companies will jointly establish Mitsubishi Heavy Industries Jieneng (Qingdao) Steam Turbine Co., Ltd


Japanese Firm to Set Up Houston Compressor Plant

MCO Compressor deliveries in UAE: Photo courtesy of MCO

Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), is to establish MHI Compressor Manufacturing, LLC in Pearland, Texas, to produce and service oil industry compressor equipment. The company will produce and service compressors in the U.S. market to accommodate demand generated by rapid growth in shale gas and oil development. Supported by this growth, many new petrochemical plant construction projects are planned


Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Image: IOC

 Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal in Tamil Nadu to Mitsubishi Heavy Industries Pvt Ltd (MHI) of Japan.  


Australia Senator Pushes Aussie Sub Parts on Japan

An influential Australian senator has asked Japan to buy components for its Soryu submarines from Australian companies to boost its chances of winning a major contract to supply Canberra with a fleet of submarines. Independent South Australian Senator Nick Xenophon made the request to submarine


MHI, MHPS in Consolidation Mode for Enhanced Competitiveness

Nagasaki Shipyard and Machinery Works

  Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have planned to reorganize their  their Nagasaki Shipyard & Machinery Works and Nagasaki Works respectively. The coordinated decisions are aimed at further strengthening global competitiveness


MHI: Notice of Absorption-Type Split Agreements

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MHI gives Notice Regarding Conclusion of Absorption-type Split Agreements Relating to Transfer of Ship Construction and Hull Block Manufacture Businesses to Two Consolidated Group Companies by Company Split. On February 4, Mitsubishi Heavy Industries, Ltd


Mitsubishi Bags Fourth LPG Carrier Order from Astomos

LPG carrier built by MHI

 Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier.     The 83,000 cu m vessel marks their fourth such order with MHI since 2013


BW LPG Exercises Purchase Option on Vermilion First

Very Large Gas Carriers Courtesy of BW LPG

  BW LPG Limited exercises purchase option over Very Large Gas Carrier Vermilion First. The VLGC Vermilion First has been on a time charter with BW LPG since the acquisition of the charter from AP Moller-Maersk in 2013. The Vermilion First was built in 2010 at Mitsubishi Heavy Industries


Japan Seeks Share of LNG Carrier Shipbuilding Market

LNG Carrier by Kawasaki Heavy Industries

 Japanese market players ramp up their design efforts for fuel-efficient engines to challenge Korean yards as demand for super-cooled fuel is set to soar, says a report in South China Morning Post.    A total of 50 to 60 LNG ships annually are forecast to be delivered globally in


Grand Elena's Hundredth Voyage

LNGC Grand Elena has embarked on her hundredth voyage from Prigorodnoye

The gas tanker Grand Elena, jointly owned by PAO Sovcomflot and the Japanese company NYK, has embarked on her hundredth voyage from the port of Prigorodnoye in Russia to Japan. The vessel is undertaking her latest shipment of liquefied natural gas (LNG) on behalf of Sakhalin Energy Investment


MHI to Shift Operations from Yokohama Kanazawa

Courtesy MHI

  Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Hitachi Power Systems, Ltd. (MHPS) have decided on a policy to transfer operations currently performed at MHI's Yokohama Dockyard & Machinery Works' Kanazawa Plant and MHPS's Yokohama Works (Kanazawa Area) to other business bases


Japan to Hand Over Data Ahead of Australia Submarine Bid

Japan will agree this month to give Australia classified submarine data, an unprecedented step signalling Tokyo's intent to join competitive bidding to sell Canberra a fleet of stealth subs, said two Japanese officials familiar with the plan.


NYK Orders Three LNG Carriers

Mitsubishis Sayaringo STaGE LNG carrier

 Nippon Yusen Kabushiki Kaisha (NYK Line) has concluded time-charters for two new LNG carriers with Diamond Gas International, a Singapore affiliate of Mitsubishi Corporation.   NYK also concluded a contract with MI LNG Company Limited for the construction of the LNG carriers


LNG Carrier for Osaka Gas Named LNG Mars

The LNG Venus, a sister ship to the LNG Mars

  Mitsui O.S.K. Lines, Ltd. today announced that the naming ceremony for a newbuilding LNG carrier for Osaka Gas Co., Ltd. was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. The vessel was ordered by MOL and Osaka Gas International Transport, Inc


Japan to Bid on Aussie Sub Replacement Contract

Japan will join competitive bidding to sell Australia a fleet of stealth submarines, the government said on Monday, a move expected to require Tokyo to supply Canberra with classified data. The development comes as Prime Minister Shinzo Abe moves to strengthen security ties with ally the United


Germany Looking to Dock Submarine Deal with India

Ursula von der Leyen. Photo: German Military

 The German Defense Minister Ursula von der Leyen is visiting India lobbying for the purchase of German Stealth Submarines and European military hardware, say local media.   Sources said that Ursula  talked of Eurofighter and [HDW] submarines in her discussions with Indian Defence


Fukushima Floating Offshore Wind Project Progressing

Photo: Mitsubishi Heavy Industries

An experimental offshore floating wind farm project sponsored by the Japanese Ministry of Economy, Trade and Industry has been underway since March 2012. Participating in the project is a consortium comprised of Marubeni (project integrator), the University of Tokyo (technical advisor), Mitsubishi






 
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