On 28th of May 2012, Imabari Shipbuilding Co., Ltd. and Mitsubishi Heavy Industries Ltd.(MHI) have signed a technological agreement on container carriers.
The technological collaboration agreement starts from 1st of June 2012 for three years, which can be extended by mutual consensus, covers all kind of container carriers, without setting limitation on carrying capacity or propulsion systems.
These days, technological competition has been becoming very serious in container carrier newbuilding business. Through the technological collaboration with MHI who has rich construction record of container carriers and advanced technological know-how, we will be able to co-develop and co-design the next generation energy saving vessels, and to win out the serious competition by securing order from owners, flexibly responding to their needs.
In 2011, we celebrated our 110th anniversary, and in this month, we achieved 2,000th newbuilding record during the half-century starting from the first steel hull vessel built 1956. We have also constructed more than 200 newbuilding container carriers ranging from small feeder type up to large ones, built at Imabari shipyard, marugame shipyard and Koyo Dockyard etc.
Due to the long lasting over valued Japanese Yen problem, the share of the Japanese shipyards has been decreasing in the international shipbuilding market. We have knowledge and experience accumulated for many years in construction of various type of vessels, and MHI is highly competitive in the engineering fields. By the mutual collaboration, we will endeavor to co-develop much more advanced design, and to strengthen international competitiveness, by which we ensure positively securing orders competing with Korean and Chinese rivals.