The Emerald Ace—Japan’s Prius of the Sea
Japan, China, and South Korea together dominate 90 percent of the global shipbuilding industry. But compared to the neighbors, Japan is getting killed on production costs. So how do the Japanese respond? By inventing an entirely new kind of ship. “Eco-ships are prerequisites,” said Masafumi Okada, managing director of Mitsui Engineering & Shipbuilding Co., at…
