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Mitsui Engineering & Shipbuilding

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Mitsui E&S
Native name
三井E＆S
Company typePublic (K.K)
TYO: 7003
Nikkei 225 Component
ISINJP3891600003
IndustryMachinery
Shipbuilding
FoundedNovember 17, 1917; 106 years ago (1917-11-17)
Headquarters
Tsukiji, Chuo-ku, Tokyo 104-8439
,
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

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. ^ a b "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.
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