ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Japan shipbuilders look to innovate their way out of slump

Domestic industry seeks high-tech edge against Asian rivals

Imabari Shipbuilding's headquarters shipyard in Imabari, Ehime Prefecture.

TOKYO -- Japanese shipbuilders including Mitsubishi Heavy Industries and domestic leader Imabari Shipbuilding are joining forces to develop self-navigation systems and other technology that could help them escape damaging price competition with Asian rivals.

A new organization toward this end will be established as early as summer, with the Tokyo-based National Maritime Research Institute to steer the project.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more