A cooperation pact between a Mitsui Engineering & Shipbuilding (MES) unit and Tsuneishi Shipbuilding will consolidate the Japanese industry into three distinct and growing groups.
Two of these groups are aiming to gain an advantage by combining the advanced technical and engineering know-how of Japan’s industrial conglomerates with the lower-cost production of its medium-sized family-owned shipbuilders.
MES and the Kambara family-owned Tsuneishi have worked together in the past, having formed an alliance in the 1970s that has diminished over the years.
