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>

<< Apr 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 1 2 3 4 5

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 >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >