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Maximizing U.S. Interests in Science and Technology Relations with Japan: Report of the Defense Task Force (1995) / Chapter Skim
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B: JAPANESE TECHNOLOGY AND EFFORTS TO REBUILD U.S. COMMERCIAL SHIPBUILDING. . .
Pages 92-98

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Select key terms on the right to highlight them within pages of the chapter.


From page 92...
... Newport News managers believe that this program of market and technology research will pay off in coming years by improving the competitiveness of the firm and enhancing its ability to diversify into new markets. LIQUIFIED NATURAL GAS TANKER MARKET A cornerstone of the diversification effort has been a drive to enter the liquefied natural gas (LNG)
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From page 93...
... . _ _ , TABLE B-1 Nations Formerly and Currently Building Liquified Natural Gas Tankers Yards Building Ships Year of LNGTankers ~Constructed b Last Delivery France 5 31 1994 Japan 5 28 1994 Republic of Korea 2 4 1994 United States 2 13 1980 Sweden 1 3 1984 Denmark 1 7 1977 Italy 1 2 1970 Belgium 1 1 1978 Germany 1 1 1977 Spain 1 1 1970 United Kingdom 1 1 1964 a Includes yards that have built LNG ships in the past but no longer do so.
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From page 94...
... In 1993, therefore, IHI decided to scrap its independent strategy for building global market share in LNG transport systems and informed Newport News of its willingness to license the SPB containment system and form a consortium that would also include Sumitomo Heavy Industries and Fincantieri, an Italian shipbuilder. IHI recognized several advantages in cooperating with Newport News following its failure in Qatar.
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From page 95...
... Newport News reports that IHI has been very open about sharing insights about its manufacturing processes. Implementing some of these techniques will require significant capital investments, but lessons learned from IHI and other global shipyards will help Newport News adopt the most cost-effective ant' appropriate manufacturing technologies as it works to expand its commercial business in coming years.
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From page 96...
... Given the strong position of the Japanese commercial shipbuilding industry, Japanese companies are prominent among the foreign participants nine of the 20 MARITECH projects funded for 1994 include Japanese firms, with IHI participating in four anti Kawasaki Heavy Industries participating in three (see Table B-2~. MARITECH represents a significant experiment in U.S.
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From page 97...
... Department of Commerce are the most prominent examples of this approach. MARITECH is unique among these in that it targets an industry-commercial shipbuilding from which the United States has been almost completely absent for a number of years.
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From page 98...
... Just as success is not assured for Newport News-IHI alliance in LNG tankers, there is no guarantee that the MARITECH program as a whole or the individual projects involving Japanese companies will succee(l in revitalizing U.S. commercial shiptuil(ling capabilities.
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Key Terms

  • heavy industries
  • commercial shipbuilding
  • natural gas
  • lng tankers
  • liquified natural

  • japanese companies
  • lng tanker
  • shipbuilding markets
  • tanker market
  • foreign participation

  • technological capabilities
  • kawasaki heavy
  • lng transport
  • news shipbuilding
  • japanese consortium

  • encourages foreign
  • advanced japanese
  • maritech funding
  • global market
  • japanese firms

  • technology reinvestment
  • commercial markets
  • mitsubishi heavy
  • technologically advanced
  • spb containment

  • market environment
  • reinvestment project
  • commercial vessels
  • drydock company
  • government contracts


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