Japan’s Shipping Industry

Japan’s Shipping Industry

Japan’s Shipping Industry

 

Japan’s shipping industry witness a great boom during the past few years. The main reason for growth of the shipping industry is popularity of Japanese used vehicles. Regular exportation of used vehicles to many countries helped in the development of the shipping industry.

 

According to consolidated financial results announced for the year ending March 2004, Mitsui O.S.K. Lines, Ltd. and Kawasaki Kisen Kaisha, Ltd. (“K” Line) posted record net profits, and Nippon Yusen Kabushiki Kaisha (NYK Line), the largest shipping company in Japan, made substantial gains of more than 200 percent as compared to the previous year..

 

Then boating industry recorded 257.3 billion yen in 2007 (January to December 2007) (including domestic use and exports) which marked 107% of the previous year. The total value of shipments including boats and marine engines was 248.1 billion yen, which marked 107% of the previous year. Japanese shipping industry contribute a lot towards Japan’s total Gross Domestic Product (GDP). Shipbuilding’s share of Japanese value added increases significantly in the year 2008.

 

Some of the major ship building companies in Japan are:

  • The Hakodate Dock Co., Ltd.: The Hakodate Dock Co., Ltd. in 1896, the company was founded in Hakodate viewing scenic Tugaru Straight. For over a century, we have met various needs and demands for shipbuilding, ship repair, bridge construction and industrial machineries as the largest heavy industry company in the north of Japan.
  • IHI Marine United Inc.: IHI Marine United Inc. was founded in October 2002, through a merger of the shipbuilding and offshore division of IHI Corporation, and the naval shipbuilding division of Sumitomo Heavy Industries, Ltd.
  • Imabari Shipbuilding Co., Ltd.: Imabari Shipbuilding Co., Ltd. was established in 1901 has grown to maintain a top share of the Japanese shipbuilding industry and ranks among the leading international ship builders. Produces bulk carriers, wood chips carrier, special cargo carriers, car carriers and ferries.
  • Kawasaki Heavy Industries, Ltd.: Kawasaki Heavy Industries manufactures high-performance LNG and LPG carriers, container ships, bulk carriers and VLCCs, submarines, marine machinery and equipment, including main engines, propulsion systems, steering gears, deck and fishing machinery.. The Company is also involved in the development of offshore structures and research vessels too.
  • Mitsubishi Heavy Industries, Ltd.: Mitsui Engineering & Shipbuilding Co., Ltd.: Mitsui Engineering & Shipbuilding (MES). Although nearly one-half of the company’s sales come from building ships, including oil carriers and hull tankers.
  • Namura Shipbuilding Co., Ltd.: Namura Shipbuilding Co., Ltd. engages in the manufacture and sale of ships, steel structures, and machineries in Japan. The Shipping segment provides oil tankers, bulk carriers, product carriers, container ships, and other ships.
  • Oshima Shipbuilding Co., Ltd.:The Company was founded on February 7, 1973 and began operations in June 1974. It is a joint venture between Sumitomo Corporation, Sumitomo Heavy Industries, and the Daizo Corporation. The list includes self-unloading bulkers, wood-chip carriers, car carriers, oil tankers, and submersible heavy-lift vessels.

 

 Large number of shipbuilding in Japan are in the Chugoku, Kyushu and Shikoku regions, mainly for shipyards constructing vessels over 10 000 G. Many shipbuilding companies like Oshima Shipbuilding Company and Imabari Shipbuilding are large privately owned companies. The small shipyards construct coastal ships, such as general cargo ships, chemical tankers, and fishing vessels whereas, large shipyards construct passenger ships, container ships, Ro-Ro ships. Japan has around one thousand shipyards, mainly privately owned, ranging from small private yards to large public or private establishments forming part of industrial groups.

 

 

 

Japanese Used Ships and boats and vessels from Japan are exported to many nations around the globe. Japan manufactured boats are high quality and play important roles of maritime transportations, putting high quality, high volume, and eco-friendly and safe ocean transport first. There are many used boats exporters in Japan who specialize in boats, ships and marine equipments. Buyers just need to contact them and they will inform all details and options available according to your needs. If buyer wants anything special, then exporters will search for the desire one as per buyer’s request

 

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