Politics and Economy

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News, Society & Economy

Japan's Shipbuilding Revival: $6.5 Billion Government-Backed Plan to Double Production and Challenge China and Korea

Japan once dominated global shipbuilding with 40% market share, but fell to just 8% as China and South Korea surged ahead. Now the government has unveiled a $6.5 billion public-private investment roadmap to double shipbuilding capacity by 2035. With industry mega-mergers, a historic frigate export to Australia, and US-Japan cooperation, can Japan reclaim its maritime manufacturing glory?

News, Society & Economy

Nuclear Ship to Ocean Research Vessel: How Japan's First Atomic Ship "Mutsu" Was Reborn as the World-Class Research Ship "Mirai"

Japan's first nuclear-powered ship "Mutsu," launched in 1969, was plagued by a radiation leak incident and fierce public opposition. Yet engineers cut the hull apart, removed the reactor, and spent roughly $1.3 billion (in today's value) transforming it into "Mirai" — one of the world's largest ocean research vessels. Over 28 years, Mirai sailed 2.3 million km (58 trips around Earth), pioneered Arctic research, and even surveyed Fukushima's nuclear contamination. Retired in December 2025, its story of dramatic reinvention now passes the torch to the icebreaking successor "Mirai II."