MHI Joins World Ocean Council

Mitsubishi Heavy Industries, Ltd. (MHI) joined the World Ocean Council (WOC), an international non-governmental organization (NGO) and the sole international, cross-sectoral industry leadership alliance on responsible ocean use. MHI is the first Japanese entity to join the organization, and through participation in the WOC's activities, MHI aims to acquire firsthand knowledge of policy and practical issues affecting the future of ocean industries, deepen exchanges with responsible ocean companies and organizations and proactively engage with other sectors on areas of mutual value. Through these initiatives, the company looks to create new businesses in ocean-related fields, extended from conventional floating wind power generation and floating LNG production, storage and offloading (FLNG) facilities.

In addition to becoming the first Japanese member of the WOC, MHI is also the world's first shipbuilder to join. Through its participation in the WOC's activities as a team spanning various company business sectors - not only shipbuilding and ocean development but also other ocean-related operations - MHI will gain opportunities to interact with industries it has collaborated with infrequently until now. Going forward, the company intends to focus on establishing human and information networks in preparation for new business exploration in the future, as well as technological development from new perspectives.