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Mitsubishi Shipbuilding to Invest in Marindows
Electrification and autonomous operation in the coastal vessel industry has become increasingly widespread, particularly in the small and mid-sized vessel market. This investment will provide a network with the small and mid-sized coastal vessel market, fishing boat market, and pleasure boat market that will support Mitsubishi Shipbuilding's efforts for the commercialization of standard electric propulsion vessels, and furthering the adoption of a safe and efficient navigation support system utilizing real-time data.
Marindows Inc. was established in March 2021 by e5 Lab Inc., a firm jointly founded by four companies representing shipping firms and a trading company to promote the electric propulsion and digitalization of ships. Marindows has adopted a vision to "Utilize the revolution in information technology to solve the issues of safety, productivity, and environmental conservation facing the marine industry, and transform the marine sector into one of the leading growth industries of the 21st century." The company aims to create a better work environment for crews and all personnel in the marine industry by providing a range of applications utilizing the "Marindows" marine operating system it provides as a platform. The launch of marine broadband in 2022 is expected to make possible ship to shore communications and crew support services in real time, which up to now had been unattainable because of the unreliability of such communications.
Mitsubishi Shipbuilding has built more than 5,000 vessels, including passenger ships, ferries, oceanographic research vessels and patrol boats, and has actively adopted new technologies as a pioneer in the construction of energy carriers including coal carriers, oil tankers, and liquified gas carriers (LPG and LNG carriers). In recent years, as a marine systems integrator generating innovation in the marine-related engineering and services business, Mitsubishi Shipbuilding has been pursuing initiatives that go beyond the conventional shipbuilding business model of just building and selling products. Through this investment, Mitsubishi Shipbuilding will continue to respond to the demands of customers and society, and work toward solutions to achieve its "MARINE FUTURE STREAM" growth strategy.
About MARINE FUTURE STREAM
Mitsubishi Shipbuilding has established the MARINE FUTURE STREAM vision for 2050 in the ship and marine sector, setting the goals of "effective utilization of the marine space" and "a decarbonized marine world," and working to generate ideas for marine-related innovation and achieving them through backcasting. For the effective utilization of the marine space, in order to stablish a safety society in which people work comfortably with the sea, and everyone is able to live well and with peace of mind, Mitsubishi Shipbuilding will utilize digital technologies and service businesses that extend beyond the confines of shipbuilding to establish a sound material-cycle society. For "a decarbonized marine world," in order to focus on the decarbonization of ships, as well as the use of renewable energy and CO2 capture at sea, Mitsubishi Shipbuilding will pursue the decarbonization of society through the marine business.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed investment into Marindows Inc., a Tokyo-based firm aiming to utilize the revolution in information technology to build an integrated digital platform for the marine industry.
Mitsubishi Shipbuilding Completes Conceptual Study on Floating Storage and Regasification Unit (FSRU) for Ammonia Together with Mitsui O.S.K. Lines
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Ammonia FSRU is a floating facility for receiving and storing ammonia which is transported in a liquid state from its production area, and the stored ammonia is then heated and regasified onboard for transfer to an onshore pipeline. Ammonia FSRU can be constructed at a lower cost and in a shorter time than onshore ammonia storage and regasification plants. At a time when global interest in usage of ammonia is increasing, the application of Ammonia FSRU in place of onshore storage and regasification plants is expected to contribute to earlier and stable supply of ammonia fuel.
In the newly completed conceptual study, Mitsubishi Shipbuilding conducted multiple case studies of FSRU which have different specifications according to the ammonia's supply conditions, regasification method, tank capacity, etc., in order to respond to a wide range of demands, and eventually developed designs of more environmentally friendly Ammonia FSRU. The study also covered the feasibility of employing ammonia fuel to generate the power required for the operation of the FSRU itself.
In addition, Mitsubishi Shipbuilding has just concluded a memorandum of understanding (MOU) with MOL and The Kansai Electric Power Co., Inc. whereby the parties will examine the possibilities of future introduction of Ammonia FSRU. They are aiming at realization of the first Ammonia FSRU in the world, making the most of Mitsubishi Shipbuilding's expertise in ammonia handling technologies.
Ammonia is now mainly used as a raw material of fertilizers, and although the volume of maritime transportation is limited so far, the demand is expected to increase in the future as a next-generation clean energy that does not emit CO2 when burned. In the global trend toward decarbonization, movements toward making strategic use of ammonia are increasing, especially in Asia.
Going forward, according to MHI Group's strategy of advancement of the energy transition, Mitsubishi Shipbuilding will strive to promote decarbonization of the maritime industry as well as to contribute to realizing a carbon-neutral society and reduction of environmental load on a global scale, by utilizing its technologies and expertise in ammonia handling accumulated through its long experience in building multi-gas carriers for transporting LPG and ammonia.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed a conceptual study, in a joint effort with Mitsui O.S.K. Lines, Ltd. (MOL), on floating storage and regasification unit (FSRU) for ammonia.
Mitsubishi Shipbuilding Concludes Agreement on Construction of World’s First Demonstration Test Ship for Liquefied CO2 Transportation
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The Engineering Advancement Association of Japan (ENAA), one of the entities performing business relating to the demonstration projects, will charter the ship from Sanyu Kisen, the subcontractor, and operate it for the project purposes. Under consignment from ENAA, three additional project partners - Kawasaki Kisen Kaisha, Ltd. ("K" LINE), Nippon Gas Line Co., Ltd., and Ochanomizu University - will accelerate R&D of the LCO2 transportation technology and contribute to cost reduction of CCUS technology and safe, long-distance and large-scale transportation of LCO2.
Although ships to carry LCO2 used in the food industry have previously been constructed and operated in Europe and Japan, the ship to be newly constructed is expected to be the world's first LCO2 carrier intended specifically for CCUS. Mitsubishi Shipbuilding will be in charge of all aspects from the ship design through construction, including the cargo containment system, applying its gas handling technologies and expertise cultivated through the construction of liquefied gas carriers (both LPG and LNG types).
CCUS is garnering attention today as an effective means of achieving a carbon-neutral society. Because CO2 emissions sites are often located distant from the sites selected for carbon utilization or storage, demand is expected to increase for LCO2 carriers which can transport their cargo safely and economically. Through the experience to be gained by constructing the world's first LCO2 carrier built specifically for CCUS, MHI Group will strengthen its current strategic business focused on the energy transition. The Company will also continue its dedication to developing and providing the technologies relating to LCO2 carriers necessary for CCUS value chain building, to contribute to CO2 ecosystem development.
Mitsubishi Shipbuilding, under its "MARINE FUTURE STREAM" growth strategy, has set two overarching targets: decarbonization through innovative technologies in maritime industry such as use of renewable energies and carbon recycling, and effective use of ocean spaces through autonomous operation and electrification. To achieve those goals, the company aims to pursue and realize diverse innovations applicable to the industry. The ongoing development of LCO2 carriers and active quest for commercial viability in this area are part of those initiatives, with the company's ultimate goal set on realizing decarbonization as a marine system integrator.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com.
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Shipbuilding Co., Ltd., a Yokohama-based member of Mitsubishi Heavy Industries (MHI) Group, has concluded a contract with Sanyu Kisen Co., Ltd., a Kobe-based enterprise principally engaged in management of ships navigation in Japanese as well as foreign waters.
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