Mitsui E&S
Native name
三井E&S
TypePublic (K.K)
TYO: 7003
Nikkei 225 Component
ISINJP3891600003
IndustryMachinery
Shipbuilding
FoundedNovember 17, 1917 (1917-11-17)
Headquarters,
Japan
Area served
Worldwide
Key people
Takao Tanaka
(President and CEO)
Products
Revenue¥731 billion (FY 2016) (US$ 6.6 billion) (FY 2016)
¥12.1 billion (FY 2016) (US$ 111.5 million) (FY 2016)
Number of employees
13,171 (consolidated, as of March 31, 2017)
WebsiteOfficial website
Footnotes / references
[1][2]

Mitsui Engineering & Shipbuilding (三井造船, Mitsui Zōsen) (TYO: 7003) is a Japanese company. It is listed on the Nikkei 225.[3] Mitsui E&S is one of the companies of the Mitsui Group.

History

Mitsui E&S was established in 1917 as the Shipbuilding Division of Mitsui & Co. with the first shipyard at Tamano.[4] In 1926 it began manufacturing diesel engines under a license agreement with Burmeister & Wain of Denmark.[5]

In 1937 the shipyards became a separate entity of Mitsui, Tama Shipyard. The company changed to Mitsui Shipbuilding & Engineering Co., Ltd in 1942 and finally to the current name in 1973.

Mitsui E&S acquired Burmeister & Wain's engineering and construction business in 1990, and through this company acquired Burmeister's boiler business in 2017, which primarily caters to small and medium biomass power plants.[6]

Mitsui E&S split its naval and merchant shipbuilding businesses in 2021, selling the former (including the Tamano Shipyard) to Mitsubishi Heavy Industries and selling a 49% stake in the latter to Tsuneishi Shipbuilding.[7] Tsuneishi took over a majority stake of the merchant shipbuilding business in 2022 as Mitsui E&S refocused its strategy on marine engines, port cranes, and other machinery.[8]

In 2022, Mitsui E&S agreed to purchase IHI's marine engine business,[8] and announced that it was in the process of developing ammonia-fueled marine engine technologies as a means of reducing CO2 emissions.[9]

Facilities

Mitsui E&S has works in Tamano, Ichikawa, and Oita, and business offices in Tokyo, Nagoya, Osaka, Oita, Hanoi, Jakarta, London, and Shanghai.[10]

Notable ships

Imperial Japanese Navy

Japan Maritime Self-Defense Force

Ocean liners

Tankers

Bulkers

  • Mitsui 56 series: A popular type of bulk carrier. As of January 2013, Mitsui had built 151 of them.[12]

References

  1. "Company Profile". Mitsui E&S. Retrieved May 28, 2018.
  2. "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved May 28, 2018.
  3. "Nikkei Constituents". NIKKEI. Retrieved November 11, 2010.
  4. "History│About Mitsui E&S Group│Mitsui E&S Group". mes.co.jp. Retrieved April 19, 2018.
  5. "Mitsui Engineering demonstrates ME-GI engine". Marine Log. April 17, 2013. Retrieved January 20, 2023.
  6. "An industry-historical circle was completed this weekend". State of Green. Retrieved January 20, 2023.
  7. Mandra, Jasmina Ovcina (March 30, 2021). "Mitsui E&S, Tsuineishi push forward with consolidation efforts". Offshore Energy. Retrieved January 20, 2023.
  8. 1 2 "三井E&S、IHIから大型船舶エンジン事業買収の契約締結". 日本経済新聞 (in Japanese). September 27, 2022. Retrieved January 20, 2023.
  9. "三井E&SHD 高橋社長". 日本経済新聞 (in Japanese). December 2, 2022. Retrieved January 20, 2023.
  10. "Network". Mitsui E&S Group. Retrieved January 20, 2023.
  11. "IJN Minesweeper W-7: Tabular Record of Movement". combinedfleet. Retrieved April 22, 2014.
  12. "New Mitsui tanker delivery". The Motorship. January 23, 2013. Retrieved January 26, 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.