Author: elvisbrault479

Japan – MHI Concludes Final Agreement on Transfer of Naval and Governmental Ships Business of Mitsui E&S Shipbuilding

Mitsubishi Heavy Industries, Ltd. (MHI) has reached a final agreement with Mitsui E&S Holdings Co., Ltd. under which MHI will take over the Naval and Governmental Ships business of Mitsui E&S Shipbuilding Co., Ltd. A formal agreement on the transfer has been signed. Mitsui E&S Shipbuilding, an operating company of Mitsui E&S Holdings, has strengths in the construction and repair of auxiliary ship, such as supply ships and oceanographic survey ships for Japan’s Ministry of Defense, as well as governmental ships such as vessel for patrolling local fishing waters. In recent years the company has also been actively developing new ... Read more