01 Feb Mitsubishi to Contribute to Decarbonization as a Marine Systems Integrator

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, today established Marine Decarbonation Business Development Group responding to the energy transition strategy promoted by MHI Group. This new organization, by consolidating a range of functions, from technology development and market research to the formulation and implementation of business strategies, will utilize the advanced technologies accumulated by the company over its long history of shipbuilding, in order to accelerate technological development and new business creation in the marine decarbonization field, and respond promptly to global trends and market needs to realize a carbon neutral world.

MHI/Mitsubishi Shipbuilding has built more than 5,000 vessels since its founding in 1884, actively adopting new technologies as a pioneer in the construction of energy carriers, including coal carriers, oil tankers, and liquified gas carriers (LPG and LNG carriers). The recent drive for decarbonization will require a transition to new energy, and premised on global trade, demand is expected to increase for clean energy carriers for ammonia and other materials, as well as LCO2 carriers to support reverse logistics for fossil fuels. In response, Mitsubishi Shipbuilding, by bringing together the many types of products and technologies for both land and sea from across MHI Group, and providing customers and partners aiming to decarbonize with its differentiated technologies, products, systems, and comprehensive solutions, will contribute to the realization of decarbonized world.

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