Tsuneishi Shipbuilding Co aims to secure about 50 newbuildings each year, based on the shipbuilding capacities at its three yards — its main facility in the Japanese city of Hiroshima, Tsuneishi Heavy Industries (Cebu) in the Philippines and Tsuneishi Zhoushan Shipbuilding in China.

Company president Kenji Kawano has been candid about the group’s performance so far this year, saying it had achieved “more than 50%”.