MHI Forms Company to Manage Machinery and Engine Businesses

MarineLink.com
Thursday, May 30, 2013

Mitsubishi Heavy Industries, Ltd. (MHI) announced the organization of a company dedicated to the handling of marine machinery and marine diesel engine business as of October 1, 2013. Through this initiative, MHI aims to accelerate its global business development activities and expand market share of MHI technology-based products in the marine machinery and engine sector.

The new entity, which will be headquartered in Nagasaki and have business bases in Nagasaki, Kobe, and Tokyo, will handle development, design, marketing, after-sales service, and licensing activities for marine machinery and diesel engines. Marine related procurement and manufacturing will continue to be handled by MHI and partner companies. In addition to business development in Japan, the new company will aggressively promote licensing to overseas companies and the establishment of joint ventures in Korea, China and other markets. By enabling responsive and efficient management and close interaction with customers and markets, the company will be able to compete more aggressively on the global stage.

The marine machinery and engine market has experienced a cycle of rapid expansion and contraction caused by growth in demand from China and emerging economies, followed by a sharp decline due to the effects of the global financial crisis in 2008. To respond to these severe market fluctuations, MHI implemented a variety of measures including the launch of Project MEET, which focused on energy savings and environmental responsiveness, increased globalization through alliances with overseas companies, and the expansion and strengthening of after-sales service business. The implementation of a strong and responsive new organizational structure represents a further extension of the above-stated measures, and is expected to accelerate global business development capabilities by enabling prompt provision of attractive marine machinery and engine offerings that are uniquely tailored to meet customer needs.

In implementing the new organizational structure, MHI Diesel Service Engineering Co., Ltd. (MHI-DSE), MHI's wholly owned subsidiary in Hyogo Prefecture, Japan, will take on relevant businesses from MHI and consolidate them into the new entity. MHI-DSE, established in 1977, has until now provided support services for diesel engines handled by MHI, and will draw on this expertise in the future. In effecting the consolidation, MHI-DSE will move its head office to Nagasaki, and change its company name as of October 1, 2013, to begin operations under the new organizational structure.

Moving forward, MHI will closely collaborate with the new company to optimize group business operations and support new business development.

www.mhi.co.jp/en

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

NY Harbor Supply & Distribution Fall Reception/Buffet

More than 600 attendees are expected at the 52nd annual New York Harbor Supply & Distribution Fall Reception/Buffet for the energy and energy related industries

Kounalakis Joins OW Bunker N. America

OW Bunker, a reseller and physical supplier of marine fuels, announced the appointment of Georgia Kounalakis to its physical supply operation in North America.

HII Appoints Brenton as Corporate Director

Huntington Ingalls Industries (HII) announced today that Capt. Kevin Brenton (U.S. Navy, Ret.) has joined the company as corporate director of customer affairs for submarine programs.

Marine Propulsion

‘Green’ Hybrid-powered Research Vessel Christened

The Maritime Aquarium at Norwalk christened a larger, “greener” new research vessel on Friday, September 26 in preparation for launching a new era in examining,

Power and Endurance Ready for Austrailian Waters

Wamalhanha is the final newbuild in a series of six tugs of the Robert Allan Design, RAstar 3200 where her main duties will be terminal activities, escort duties, ship assist, towage duties.

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

Marine Power

Cummins Debuts Mobile Tier 4 Generators

Cummins’ certified Tier 4 Final QSB7 and QSL9 engine platforms form the basis for mobile sets that meet EPA regulations U.S. EPA Tier 4 Final certified mobile

‘Green’ Hybrid-powered Research Vessel Christened

The Maritime Aquarium at Norwalk christened a larger, “greener” new research vessel on Friday, September 26 in preparation for launching a new era in examining,

Power and Endurance Ready for Austrailian Waters

Wamalhanha is the final newbuild in a series of six tugs of the Robert Allan Design, RAstar 3200 where her main duties will be terminal activities, escort duties, ship assist, towage duties.

 
 
Maritime Careers / Shipboard Positions Navigation Pod Propulsion Port Authority Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1355 sec (7 req/sec)