A partnership of Japanese trading houses Mitsui & Co and Sojitz is hoping to save the domestic shipbuilding and ship machinery industries by forging technology partnerships between companies.

Sojitz Marine & Engineering Corp and Mitsui's Orient Marine have formed an alliance on machinery and shipbuilding technology.

Orient Marine president Nobuyuki Tanaka Photo: Orient Marine

The tie-up aims to bring together diverse technologies being developed by the nation’s shipbuilding and ship machinery companies in commercial projects.