New LNG Shiprepair Yard Enters the Scene

A new ship repairyard has been launched earlier this month by Japanese shipbuilders Mitsui Engineering & Shipbuilding Co., Ltd. (MES) and Kawasaki Heavy Industries Co., Ltd (KHI).

The shipyard MES-KHI Yura Dockyard will specialize in LNG ship repair, as MES and Kawasaki endeavor to tap into the growing potential of the uptake in North American shale gas transport which is in turn expected to spur LNG ship maintenance demand.

Market forecasts indicate that the number of LNG carriers could reach around 700 units by 2030, adding 300 units more to the global LNG carrier fleet.

The joint venture is 60 pct-owned by MES and 40 pct-owned by KHI.

Under the contract, announced in December 2014, KHI plans to continue commercial ship repair business of Kobe Works and move Sakaide Works to MES-KHI Yura Dockyard.

The yard will initially have 190 employees.

World Maritime News Staff; Image: MES

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jul 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >