Jiangsu Yangzi-Mitsui Shipbuilding will integrate Mitsui's sales force and Yangzijiang's productivity as well as Mitsui E&S Shipbuilding's technology to realize an internationally competitive shipbuilding business.
The jv will be developed as a major base for providing customers with products that have high technology and high quality, which will have the ability to provide customers with higher performance and higher quality products at better prices.
In addition, to respond to the growing demand for clean energy in China, Mitsui E&S Shipbuilding will offer products that take the conditions of Chinese ports and rivers into consideration, and will make a contribution in the field of the transportation of energy-related products for China, said Mitsui E&S Shipbuilding.
In October 2018, Mitsui entered into a joint venture agreement with Yangzijiang Shipbuilding to establish a new shipbuilding company in China.
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