Search results for: mhi

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  • 27 February 2012

      Effective from April 1, 2012, Mitsubishi Heavy Industries, Ltd. (MHI) will establish two new companies to perform nationwide operations in engineering and control systems businesses, respectively, through integration of its group companies currently handling those businesses regionally in Japan. The two companies, both to be wholly owned by MHI, are: MHI Plant Engineering Co., […]

  • 21 November 2013
    Business & Finance

    Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST) plants to be installed in four LNG (liquefied natural gas) carriers HHI is to construct for Petroliam Nasional […]

  • 25 January 2017
    Business & Finance

    Japan’s Mitsubishi Heavy Industries (MHI) has formed a specialized Oil & Gas Division within its Houston-based U.S. subsidiary, Mitsubishi Heavy Industries America (MHIA). MHI said on Tuesday that the new division would provide a one-stop shop for solutions to the upstream, LNG, and downstream markets. MHI President and CEO Shunichi Miyanaga said: “Many of MHI’s leading technologies trace […]

  • 21 November 2013
    Equipment, Vessels

    Mitsubishi Heavy Industries Marine Machinery & Engine, a group company of Mitsubishi Heavy Industries, has received orders from Hyundai Heavy Industries of Korea for four Ultra Steam Turbine plants to be installed in four LNG carriers HHI is to construct for Petroliam Nasional Berhad (PETRONAS), the state-owned oil and gas provider in Malaysia. The orders, […]

  • 13 June 2014
    Business & Finance

    Mitsubishi Heavy Industries (MHI) and Siemens AG today announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and Siemens. MHI and Siemens will decide on the submission of a proposal to Alstom’s Board of […]

  • 28 April 2016
    Business & Finance

    Mitsubishi Heavy Industries (MHI) and Vestas will both continue to have 50 per cent stake in their joint venture dedicated to the development and supply of offshore wind turbines. Namely, when the companies teamed up to serve the offshore wind industry in 2013, they agreed on equity ownership ratios of 50 per cent for each of them, with […]

  • 28 September 2012

    Effective October 1st Mitsubishi Heavy Industries, Ltd. (MHI) will launch a new company, Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES), to supersede the current MHI Industrial Engineering & Services Private Ltd. (also abbreviated as MIES) after taking over various business functions of two other MHI subsidiaries in Singapore. Going forward the new company […]

  • 22 February 2015

    Our interview with MHI’s Tadashi Asahina was the most read article on Offshore WIND this week. Nevertheless, there were other big news in the last seven days that made it to our top five weekly list: Exclusive: MHI Denies Ditching SeaAngel Following recent media writings about Mitsubishi Heavy Industries (MHI) canceling further development and giving […]

  • 21 November 2013

    Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST) plants. The UST plants will be installed on four LNG (liquefied natural gas) carriers that HHI is building […]

  • 6 February 2019
    Business & Finance

     Japan’s MHI will operate under a new president and chief executive officer (CEO) from April 1.

  • 3 November 2016
    Business & Finance

    Mitsubishi Heavy Industries’ Tetsushi Mizuno has been appointed a new Co-CEO of MHI Vestas Offshore Wind, a joint venture between MHI and Vestas. Mizuno will replace Jin Kato, who will stay on as a senior advisor to the company for the next six months before reassuming a senior role at MHI in Japan. Mizuno comes from a position […]

  • 15 March 2017
    Business & Finance

    Japan’s Mitsubishi Heavy Industries (MHI) is considering to restructure its shipbuilding activities and enter local partnerships due to a low demand for new ships, Bloomberg reports.  The decision about the restructuring is likely to be announced in July, Bloomberg cited Eiji Matsubara, MHI’s spokesperson, as saying. In October 2016, MHI revealed plans to cut production […]

  • 27 December 2011

    Mitsubishi Heavy Industries Ltd. (MHI), Japan is to sign a technological collaboration agreement with L&T Shipbuilding Limited (LTSB) – the shipbuilding arm of Larsen & Toubro conglomerate – to provide a broad range of technological support for the construction of commercial vessels. The agreement, under which MHI will provide licensing and technology support, including training […]

  • 6 December 2013

    Mitsubishi Heavy Industries (MHI) has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier. The LPG carrier on order features its world-class energy efficiency and outstanding versatility enabling it to flexibly accommodate the requirements of major LPG terminals. Completion and delivery of the newly ordered carrier are scheduled […]

  • 3 November 2016
    Business & Finance

    Mitsubishi Heavy Industries’ Tetsushi Mizuno has been appointed a new Co-CEO of MHI Vestas Offshore Wind, a joint venture between MHI and Vestas. Mizuno will replace Jin Kato, who will stay on as a senior advisor to the company for the next six months before reassuming a senior role at MHI in Japan. Mizuno comes from a position […]

  • 12 June 2014
    Business & Finance

    Mitsubishi Heavy Industries (MHI) and Siemens AG  announced that they have joined forces in evaluating a potential proposal for certain assets of the French multinational conglomerate, Alstom in order to strengthen the future position of Alstom, MHI and Siemens. MHI and Siemens will decide on the submission of a proposal to Alstom’s Board of Directors […]

  • 25 November 2011

    On November 25 Mitsubishi Heavy Industries, Ltd. held its 4th MHI Business Partners Conference in Tokyo, attended by 294 partner suppliers. The meeting served to affirm MHI’s commitment to advancing reforms to its supply chain through strengthened partnerships with its suppliers. At the conference, MHI explained its globalization activities and its initiatives to develop markets […]

  • 6 June 2012
    Business & Finance

    Mitsubishi Heavy Industries, Ltd. (MHI) will install its innovative “Mitsubishi Air Lubrication System” (MALS) on two large cruise ships to be built for the AIDA Cruises, a German brand of Carnival Corporation & plc. MALS is MHI’s proprietary technology that reduces fuel consumption and carbon dioxide (CO2) by a layer of air bubbles blown out […]

  • 22 June 2016
    Business & Finance

    After experiencing cost overruns in its cruise ship sector, Japanese shipbuilder Mitsubishi Heavy Industries (MHI) is now reviewing its future position in the cruise shipbuilding industry, The Financial Times said. MHI has been discussing its future involvement in cruise shipping with its customers, the Financial Times cited Shunichi Miyanaga, MHI’s chief executive. Miyanaga added that the […]

  • 25 March 2014

    Mitsubishi Heavy Industries (MHI) said it has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier. The LPG carrier on order is identical to a vessel ordered to MHI by Astomos Energy late last year. Completion and delivery of the ship are scheduled for the first half of […]

  • 2 November 2011
    Business & Finance

    Mitsubishi Heavy Industries, Ltd has completed two shipbuilding contracts with Carnival Corporation & plc, for the construction of two large-sized cruise ships for Carnival’s AIDA Cruises​ brand. Delivery of the two ships is scheduled for spring 2015 and spring 2016 from MHI’s shipyard in Nagasaki. The shipbuilding contracts are subject to financing. The two 125,000 […]

  • 28 January 2013

    Mitsubishi Heavy Industries, Ltd. (MHI) has signed an agreement with SPP Machine Tech Co., Ltd., a marine machinery manufacturer in Korea, under which MHI is to license production and marketing of marine deck cranes. With this initiative, MHI aims at accelerating market penetration of MHI technology-based marine deck cranes in Korea, a shipbuilding superpower. Earlier, […]