Tag - shipbuilding

 
 

SHIPBUILDING

The Shipbuilders’ Association of Japan announced plans to invest ¥350 billion in capital expenditures to double shipbuilding output by 2035.
BUSINESS / Companies
Oct 24, 2025
Japan shipbuilders to invest ¥350 billion to double output
The Shipbuilders’ Association of Japan is also preparing for Japan-U.S. cooperation in the sector.
Rotor blades and other parts for the ongoing construction of the Revolution Wind offshore wind turbine farm, staged on the State Pier in New London, Connecticut, in September.
BUSINESS / Markets
Oct 23, 2025
U.S. shipbuilders and ports face fallout of Trump's assault on offshore wind
Trump’s policy on the offshore wind industry has included stop-work orders and permit reviews for projects spurred by former U.S. President Joe Biden's green investment policy.
Mitsui E&S expects profit momentum to exceed its full-year guidance, driven by strong engine demand and a successful shift of its crane business toward the U.S. market.
BUSINESS / Companies
Oct 17, 2025
Mitsui E&S bullish about full-year profits on engines and U.S. crane demand
The ship equipment maker expects profit momentum to surpass its guidance, Chief Financial Officer Taketsune Matsumura said.
Cargo ships are docked in Navi Mumbai, India, in February. Only 5% of India's exports and imports are carried on Indian-flagged ships.
ASIA PACIFIC
Sep 25, 2025
India aims to challenge global shipbuilding giants
The South Asian nation seeks to boost its resilience and strategic self-reliance as China speeds ahead to become a global maritime power.
Australian Defense Minister Richard Marles speaks during an announcement at the Kuttabul Australian Navy base in Sydney on Wednesday.
ASIA PACIFIC / Politics
Sep 14, 2025
Australia to spend $8 billion on AUKUS nuclear sub shipyard facility
The investment is part of a major military restructure to improve Australia's long-range strike capabilities in the face of China's expanding military strength across the Pacific.
The Maritime Self-Defense Force's chief of staff, Adm. Akira Saito, speaks at a news conference at the Defense Ministry on Wednesday in Tokyo.
JAPAN
Jul 31, 2025
Over 90 MSDF members punished over scandal involving shipbuilders
The MSDF's chief of staff will lose 10% of his salary for a month over the scandal, in which members improperly received goods from four shipbuilders.
A Hyundai Merchant Marine container ship under construction at the HJ Shipbuilding & Construction shipyard in Busan, South Korea, on July 22
BUSINESS / Economy
Jul 28, 2025
South Korea pitches Trump on shipyards for last-minute trade deal
While details remain unclear, Yonhap News reported that South Korea has proposed a multibillion dollar project dubbed "Make American Shipbuilding Great Again.”
Workers take a break near a ship under construction at China State Shipbuilding Corp.'s Longxue Shipyard in Guangzhou, China, in November 2011.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 2, 2025
China’s shipyard dominance leads to geoeconomic risks
According to 2024 data from the Chinese government, the country ranks first worldwide in ship completions, new orders and order backlogs.
An under-construction container ship sits at the Daewoo DSME shipyard in Okpo, South Korea, in December 2014.
BUSINESS / Economy / FOCUS
Jun 22, 2025
South Korea counts on shipbuilding to ease U.S. tariff woes
Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25% country-specific tariff.
Ryosei Akazawa, Japan's chief tariff negotiator, will attend a fourth round of ministerial-level tariff talks in the United States on Friday.
BUSINESS / Economy
May 29, 2025
Japan offering fund to aid U.S. shipbuilding as part of tariff negotiations
The United States has called on allies including Japan to help revive U.S. shipbuilding, amid concerns over China's dominant share in the global market.
Japan may offer cooperation on shipbuilding expertise and an Alaska natural gas project as part of trade talks with the United States.
BUSINESS / Economy
May 26, 2025
Japan touts ships expertise and LNG investment, with tariff talks key
There is rising momentum in the negotiations as the U.S. tariffs threaten to drag Japan’s economy into a technical recession ahead of the Upper House election.
Prime Minister Shigeru Ishiba speaks with members of the Maritime Self-Defense Force in Kyoto Prefecture on Sunday.
JAPAN
May 26, 2025
Ishiba inspects MSDF vessels in apparent bid to highlight shipbuilding prowess
Japan has offered cooperation in shipbuilding as a bargaining chip in its tariff negotiations with the United States.
A worker walks near a fishing vessel under maintenance at the Kidoura Zosen K.K. shipyard in Kesennuma, Miyagi Prefecture.
BUSINESS
May 24, 2025
Japan looks to use U.S. shipbuilding cooperation as card in tariff talks
By highlighting its cooperative stance toward the United States, the Japanese government hopes to fend off U.S. tariffs.
Mitsui O.S.K. Lines President and CEO Takeshi Hashimoto speaks during an interview in Tokyo in April.
BUSINESS
May 23, 2025
Japanese gas tanker giant sees difficulty buying Chinese vessels
Washington has issued a flurry of measures since President Donald Trump took office aimed at curbing China’s maritime dominance and reviving its own flagging shipbuilding industry.
John Phelan at a Senate confirmation hearing for U.S. secretary of the navy in Washington in February
JAPAN / Politics
Apr 28, 2025
U.S. secretary of the navy weighs ‘dual-use’ shipbuilding with Japan
Washington’s idea appears to be aimed at attracting investment from allies to strengthen the U.S. shipbuilding industry and start closing the gap with Beijing.
U.S. President Donald Trump has in recent days rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic American sectors.
BUSINESS / Economy
Feb 24, 2025
Trump targets China with biggest salvo so far in second term
In recent days, U.S. President Donald Trump has rolled out a memorandum telling a key government committee to curb Chinese spending on tech, energy and other strategic sectors.
Warships and fighter jets of the Chinese People's Liberation Army Navy take part in a military display in the South China Sea in April 2018.
ASIA PACIFIC / FOCUS
Sep 21, 2024
U.S. leans on shipbuilding prowess of allies to compete with China
America’s shipbuilding industry has virtually collapsed over the last generation, raising concerns amid its rivalry with China.
Transport ministry officials enter the Kobe plant of Kawasaki Heavy Industries for an on-site inspection on Thursday.
JAPAN
Aug 22, 2024
Transport ministry raids Kawasaki Heavy over ship engine test tampering
The firm has admitted inappropriately tweaked testing equipment to keep emissions data within ranges of customer specifications and reduce the variance of data.
Japan Times
BUSINESS / Regional Voices: Tohoku
Mar 12, 2021
Despite government help, business realities limit 3/11 recovery
Even with subsidies, many Tohoku firms have struggled to restructure debt and adapt their operations in the wake of the March 2011 earthquake and tsunami.
Japan Times
JAPAN
Feb 11, 2020
Japan takes second complaint to WTO over South Korean shipbuilding
Japan launched a second complaint at the World Trade Organization on Monday over support South Korea gives its shipbuilding industry, intensifying a wider dispute between the two Asian countries.

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