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Mitsui Engineering & Shipbuilding

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Mitsui Engineering & Shipbuilding (三井E&S, Mitsui E&S) (TYO: 7003) is a Japanese heavy industries company. Despite its name, it no longer builds ships and now focuses mainly on production of high-value ship equipments such as engines and automated gantry cranes.

Mitsui E&S
Native name
三井E＆S
Company typePublic (K.K)
TYO: 7003
Nikkei 225 Component
ISINJP3891600003
IndustryMachinery
Shipbuilding
FoundedNovember 17, 1917; 107 years ago (1917-11-17)
Headquarters
Tsukiji, Chuo-ku, Tokyo 104-8439
,
Japan
Area served
Worldwide
Key people
Takao Tanaka
(President and CEO)
Products
Revenue¥731 billion (FY 2016) (US$ 6.6 billion) (FY 2016)
¥12.1 billion (FY 2016) (US$ 111.5 million) (FY 2016)
Number of employees
13,171 (consolidated, as of March 31, 2017)
WebsiteOfficial website
Footnotes / references
[1][2]

Mitsui E&S is the largest supplier of gantry cranes in Japan with a market share of nearly 90 per cent, and its products are used at major ports such as Long Beach, Los Angeles, Mombasa, Ho Chi Minh, and Klang.[3]

History

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Mitsui E&S was established in 1917 as the Shipbuilding Division of Mitsui & Co. with the first shipyard at Tamano.[4] It built the first Japan-built diesel-propelled merchant ship, Akagisan Maru (赤城山丸) in 1924. With its success, it began manufacturing diesel engines under a license agreement with Burmeister & Wain in Denmark.[5]

In 1937, the shipyards became a separate entity within the Mitsui zaibatsu, Tama Shipyard. The company changed its name to Mitsui Shipbuilding & Engineering Co., Ltd. in 1942. In 1948, Mitsui E&S built the first Japan-built ship to be exported after the loss of the Second World War, S.S.Knurr (a Norwegian whaling ship). In 1951, it started its chemical plants business by building a nylon production plant for Toray Industries.[6]

In 1961, it built 'the world's first automated ship' Kinkasan maru (金華山丸）for MOL. This ship was the first of its scale to control the entire engine room from the bridge, and other major parts of the ship were also automatically or remotely controlled from the bridge.[7]

In 1967, as the container ship age dawned, it built its first gantry cranes for container ships. In 1975, it built the Berge Emperor, which was the longest ship ever built at that time, measuring 391.83m, for Bergesen d.y. in Norway.

Mitsui E&S acquired Burmeister & Wain's engineering and construction business in 1990, and through this acquisition, it also acquired Burmeister's boiler business in 2017, which primarily caters to small and medium biomass power plants.[8]

 
Scientific drill ship Chikyu, built at Tamano Works in 2002

Mitsui E&S split its naval and merchant shipbuilding businesses in 2021, selling the former (including the Tamano Shipyard) to Mitsubishi Heavy Industries and selling a 49% stake in the latter to Tsuneishi Shipbuilding.[9] Tsuneishi took over a majority stake of the merchant shipbuilding business in 2022 as Mitsui E&S refocused its strategy on marine engines, port cranes, and other machinery.[10]

In 2022, Mitsui E&S agreed to purchase IHI's marine engine business,[10] and announced that it was in the process of developing ammonia-fueled marine engine technologies as a means of reducing CO2 emissions.[11]

PACECO

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PACECO CORP. is a wholly-owned subsidiary of Mitsui E&S headquartered in Hayward, California. It built the first dedicated ship-to-shore container crane in the world in 1958. On 22 February 2024, the White House announced that as part of its 20-billion-dollar scheme to upgrade and secure the country's port infrastructure, Mitsui E&S and PACECO are planning to resume manufacturing cranes in the US.[12][13]

Facilities

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Mitsui E&S Chiba Works (2023)

Mitsui E&S has works in Tamano, Ichikawa, and Oita, and business offices in Tokyo, Nagoya, Osaka, Oita, Hanoi, Jakarta, London, and Shanghai.[14]

Notable ships

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Imperial Japanese Navy

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Japan Maritime Self-Defense Force

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Ocean liners

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Tankers

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Bulkers

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References

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  1. ^ "Company Profile". Mitsui E&S. Retrieved May 28, 2018.
  2. ^ "Company Profile". Nikkei Asian Review. Nikkei Inc. Retrieved May 28, 2018.
  3. ^ "ポーテーナ（コンテナ用岸壁クレーン）｜事業・製品情報｜三井E&S". www.mes.co.jp (in Japanese). Retrieved February 9, 2024.
  4. ^ "History│About Mitsui E&S Group│Mitsui E&S Group". mes.co.jp. Retrieved April 19, 2018.
  5. ^ "Mitsui Engineering demonstrates ME-GI engine". Marine Log. April 17, 2013. Retrieved January 20, 2023.
  6. ^ "沿革│企業情報│三井E&Sグループ". www.mes.co.jp (in Japanese). Retrieved February 9, 2024.
  7. ^ "Engine Control Console Installed on Bridge of Kinkasan Maru Certified as 1st 'Ship Heritage' - A Pioneer of Remote Operation and Automatic Control of the Main Engine - | Mitsui O.S.K. Lines". Mitsui O.S.K. Lines, Ltd. Retrieved February 9, 2024.
  8. ^ "An industry-historical circle was completed this weekend". State of Green. Retrieved January 20, 2023.
  9. ^ Mandra, Jasmina Ovcina (March 30, 2021). "Mitsui E&S, Tsuineishi push forward with consolidation efforts". Offshore Energy. Retrieved January 20, 2023.
  10. ^ a b "三井E&S、IHIから大型船舶エンジン事業買収の契約締結". 日本経済新聞 (in Japanese). September 27, 2022. Retrieved January 20, 2023.
  11. ^ "三井E&SHD 高橋社長". 日本経済新聞 (in Japanese). December 2, 2022. Retrieved January 20, 2023.
  12. ^ House, The White (February 21, 2024). "FACT SHEET: Biden-Harris Administration Announces Initiative to Bolster Cybersecurity of U.S. Ports". The White House. Retrieved February 22, 2024.
  13. ^ "Biden ⁠Harris Administration Announces Initiative to Bolster Cybersecurity of U.S. Ports – PACECO CORP". Retrieved February 22, 2024.
  14. ^ "Network". Mitsui E&S Group. Retrieved January 20, 2023.
  15. ^ "IJN Minesweeper W-7: Tabular Record of Movement". combinedfleet. Retrieved April 22, 2014.
  16. ^ "New Mitsui tanker delivery". The Motorship. January 23, 2013. Retrieved January 26, 2013.
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