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#Shipbuilding / Maritime

23 Articles with this tag

All23 stories tagged #Shipbuilding / Maritime

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Tech & Science

Offshore Rocket Recovery: Japan's Biggest Shipping Line Is Building a Landing Pad at Sea

NYK Line, Japan's largest shipping company, is working with Mitsubishi Heavy Industries to catch reusable rocket boosters on a ship at sea. The idea began in an in-house training program, became the first shipping-company project selected for JAXA's Space Strategy Fund, and now faces a question NYK's own engineers raise: will anyone launch often enough to make it pay?

News, Society & Economy

BOJ Holds Rate at 0.75%: Japan's Central Bank Caught Between Middle East Crisis and Rising Oil Prices

The Bank of Japan held its policy rate at 0.75% on March 19, 2026, as the Middle East conflict and surging oil prices cloud the economic outlook. Governor Ueda maintained a rate-hike bias but warned that rising energy costs could push underlying inflation either way. With spring wage negotiations delivering 5%+ raises for a third straight year and the yen hovering near 160, Japan faces a complex policy dilemma.

News, Society & Economy

Japan Opened Its 254-Day Oil Reserve: Four Months Inside the Hormuz Crisis

With the Strait of Hormuz shut in all but name, the IEA's 32 members unanimously approved a record 400-million-barrel coordinated release on March 11, 2026. Japan carried 80 million of it and began draining national reserves on March 26. Where those 254 days went, and what July's re-escalation means.

News, Society & Economy

Japan's Shipbuilding Revival: Takaichi Government Pushes to Double Capacity with World-Leading Ammonia Engines and Marine Electronics

Japan, an island nation where 99.6% of trade moves by sea, is betting big on reviving its shipbuilding industry. PM Takaichi's government is investing $6.5 billion to double capacity by 2035. From Mitsui E&S's world-first ammonia-fueled engine to Furuno Electric's 43% global share in marine radar, and a historic frigate export to Australia, Japan is fighting back against Chinese and Korean dominance with cutting-edge technology.

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?

Business & Finance

Furuno Electric: How a Small Japanese Workshop Invented the Fish Finder and Now Powers 49% of the World's Fishing Fleet Electronics

Furuno Electric, headquartered in Nishinomiya, Japan, has grown from a small radio repair shop in postwar Nagasaki into the world's dominant marine electronics maker, holding 49% of the fishing vessel electronics market and 43% of commercial ship radar. From inventing the world's first practical fish finder in 1948 to today's AR navigation and autonomous vessel technology, discover how Furuno's "seeing the invisible" philosophy is shaping the future of seafaring. In 2024, their fish finder was recognized as an IEEE Milestone.

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."

Tech & Science

Autonomous Container Ship "Genbu": Japan Achieves World's First Commercial Operation of Self-Navigating Cargo Vessel

Japan's autonomous container ship "Genbu" has begun the world's first commercial operation with both bridge and engine room automation. Built from scratch over three years under the MEGURI2040 project, this AI-powered vessel features automatic route planning, collision avoidance, and self-docking, addressing Japan's critical crew shortage and logistics crisis.