Asia/Pacific News
Shipbuilder MHI to Increase Focus on Gas-Powered Ships
Japanese shipbuilder Mitsubishi Heavy Industries has said it is looking to increase its involvement in building ships powered by liquified natural gas (LNG).
The company cites tougher environmental rules for shipping and an expected increase in demand for cleaner vessels as behind the move.
"We are increasing our ability to build ships primarily involving outfitting work, developing energy-saving ships, and collaborating with other domains to step up initiatives in new fields," the company was quoted as saying by maritime news provider World Maritime News.
"Furthermore, through alliances with other companies, we intend to cultivate business in new areas, such as gas-powered ships, that leverage our technological expertise," the company added.
LNG is an alternative bunker fuel that shipping may take up in the light of tougher regulations.
