Key facts
- Namura Shipbuilding will build a new dry dock for large vessel construction in Imari Bay, Saga Prefecture.
- The facility is slated for completion by 2035.
- This marks the first large shipbuilding dry dock built in Japan since 2017.
- The project is part of Japan's industrial policy to foster growth.
Japanese shipbuilder Namura Shipbuilding plans to construct a new dry dock for large vessel construction in Imari Bay, Saga Prefecture, by 2035. This development represents 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. In contrast, 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.