
Tsuneishi Buys Mitsui E&S Shipbuilding to Consolidate Japanese Shipbuilding
In a further move to consolidate the Japanese shipbuilding and repair businesses, Tsuneishi Shipbuilding reports it acquired its former joint venture with Mitsui E&S Shipbuilding. It is part of a broader reorganization and rebranding of all Tsuneishi’s operations as the Japanese shipbuilding sector works to respond to competition and a changing market. Mitsui E&S Shipbuilding, which traces its origins back 110 years to 1917, had been one of Japan’s leading shipbuilders. The company’s focus had shifted to commercial...
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