Japan’s shipbuilding industry is gearing up to unveil a major investment plan worth around ¥350 billion (approximately USD 2.3 billion) aimed at doubling domestic production capacity, according to Nikkei. Seventeen companies, including industry leader Imabari Shipbuilding, are expected to participate in the initiative.
Strengthening Japan’s Maritime Competitiveness
The move reflects Japan’s efforts to revitalize a once-dominant global shipbuilding sector and bolster its economic resilience. Although the official announcement has yet to be released, the plan reportedly includes large-scale investments in shipyard facilities, automation, and research and development to enhance productivity and innovation.
Industry Collaboration and Strategic Vision
On Wednesday, the Shipbuilders’ Association of Japan (SAJ) hosted the annual JECK shipbuilding summit in Imabari, where discussions centered on technological advancement and sustainability. SAJ chairman and Imabari Shipbuilding president Yukito Higaki emphasized the importance of accelerating R&D and expanding digitalized production systems to meet future global demands.
Focus on Sustainability and Future Readiness
Industry leaders also addressed upcoming greenhouse gas (GHG) regulations and the role of shipbuilders in supporting the International Maritime Organization’s (IMO) decarbonization goals. The new investment plan is expected to help Japan develop next-generation vessel designs and greener manufacturing processes.
Imabari Shipbuilding, Japan’s largest private shipbuilder, plays a central role in this initiative. With majority control of Japan Marine United Corporation and joint ownership of Nihon Shipyard Co., Ltd., the company is positioned to lead Japan’s next phase of maritime innovation. The forthcoming investment plan signals a concerted push to reestablish Japan’s global leadership in shipbuilding through digital transformation and sustainable growth.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: NIKKEI ASIA
