Japan is committing ¥350 billion over 10 years to revitalise shipbuilding, aiming for 18m GT capacity and a 20% global share by 2035 through state funding, coordinated industry support and US cooperation.
Imabari Shipbuilding cleared antitrust review to buy an additional 30% of JMU from JFE Holdings and IHI, lifting its stake to 60% with closing set for 5 January 2026.
Shimanami Shipyard, a subsidiary of Imabari Shipbuilding, will build 10 speculative bulk carriers. Additionally, the company has secured orders for 10 more ships, including Aframax tankers.
Japan and its major shipbuilders plan to invest $6.5 billion by 2035 to modernize shipyards and accelerate eco-friendly, autonomous, and digital shipbuilding technologies.
Japan has unveiled plans to double shipbuilding output after decades of decline, with a focus on digital design, automation, and green vessels.
