Transportation
Project supports government initiative to bolster shipbuilding capacity amid growing demand
The Shimonoseki shipyard, operated by Mitsubishi Heavy Industries, builds commercial vessels like this ferry fueled by liquefied natural gas. (Photo by Kae Suefuji)
TAITO KUROSE, SHOKO KUGAI and YUKA FURUBAYASHI
October 1, 2026 00:04 JST
TOKYO — Mitsubishi Heavy Industries will invest approximately 100 billion yen ($638 million) to increase commercial shipyard capacity by 25% in fiscal 2028, Nikkei reported, positioning the company to capture rising global demand.
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