Marine Link
Tuesday, October 16, 2018

Yangzijiang Shipbuilding, Mitsui in Shipbuilding JV

Maritime Activity Reports, Inc.

October 11, 2018

  • Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding
  • Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding
  • Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding
  • Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding Photo: Mitsui E&S Holdings Co.,Ltd./ Yangzijiang Shipbuilding

A Japanese and a Chinese shipbuilding group have today signed a joint venture, set to start in April 2019, to build and sell merchant ships. Mitsui E&S Shipbuilding Co., Ltd. (Head Office: Tokyo, President and CEO: Tetsuro Koga), in partnership with Yangzijiang Shipbuilding (Holdings), Ltd. (Head Office: Jiangsu Province, Chairman: Ren Yuanlin) and Mitsui & Co., Ltd. (Head Office: Tokyo, President and CEO: Tatsuo Yasunaga), has entered into a shareholders' agreement to establish a new joint venture to operate a shipbuilding business.

The new company will aim to build a globally competitive shipbuilding business by combining YZJ's high production capacity, Mitsui's extensive sales capabilities and MES-SC's technology.

Maritime Reporter Magazine Cover Oct 2018 - Marine Design Annual

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