Key facts
- Namura Shipbuilding is building a new dry dock for large vessel construction in Imari Bay, Saga Prefecture.
- The facility is scheduled for completion by 2035.
- This will be the first large shipbuilding dry dock constructed in Japan since 2017.
- The project is part of Japan's broader industrial policy to boost growth.
Japanese shipbuilder Namura Shipbuilding is set to construct a new dry dock for large vessel construction in Imari Bay, Saga Prefecture, by 2035. This development signifies Japan's first major shipbuilding infrastructure project of this scale since 2017. The initiative is reportedly aligned with government strategies aimed at revitalizing the nation's industrial sector and potentially drawing investment into the shipbuilding industry. Meanwhile, China continues its dominance in global shipbuilding, accounting for a significant majority of worldwide tonnage and orders, including complex vessels like LNG carriers and cruise ships, a stark contrast to Japan's re-emerging capabilities.