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Marine & Aerospace Business Unit

Business fields

  • Marine field

    Sales, marketing and intermediary service of general commercial vessels, LNG and LPG carriers, Floating Storage and Offloading (FSO) and Floating Production, Storage and Offloading (FPSO) facilities and ultra-deepwater drill ships as well as owning and operating, leasing and financing for these vessels and facilities, ship management services, an intermediary service for chartering vessels and sales of secondhand vessels, and equipment for vessels

  • Aerospace field

    aircraft engine, defense-related equipment and aerospace systems, and leasing of aircraft and aircraft engines

Major activities

Business profile

The Business Unit's strengths in the marine and aerospace field include a high level of expertise and a dedicated network. We have developed strong relationships of trust with competitive and quality domestic and foreign customers over many years. We are building a broad value chain for the shipping industry including trading new building vessels, owning and operation, intermediary service for chartering and second-hand vessels, technical consulting, shipmanagement and marine energy-related business. In the aerospace business field, we are involved in a diversity of aerospace-related businesses, including the sales and distribution of passenger and cargo aircraft and aircraft engines as well as leasing and financing services.

Marine business strategy

The commercial vessel trading business is this business unit's short- and medium-term core business. As a result, we intend to further solidify sales of new building vessels, while at the same time expand investment in the vessel owning business. In the medium to long term, we have identified the marine energy business as our core business and seek to improve its earnings in this area together with MODEC, INC. We also expect the LNG vessels business to be a promising area in the long term. And as a result we will build up the portfolio of competitive LNG vessel projects we participate in.

In addition, as a global company, we will seek out and take on projects in emerging markets where high market growth is expected. At the same time, we are willing to support Japanese shipbuilders and shipowners who are aiming to establish overseas operations.

Aerospace business strategy

We will resume aircraft operating leases at our own risk and account, aiming to further establish Mitsui's value chain in the aircraft industry, together with existing businesses such as arrangements related to the leasing and financing of aircraft as well as other aircraft-related businesses in Japan. In addition, we will promote marketing support for the Mitsubishi Regional Jet and further develop the aircraft conversion business for the cargo aircraft industry business. Demand for helicopters is also expected to grow due to increasing media and hospital use, in addition to governmental use.

Key projects

  • Sales and marketing of newly built vessels, chartering intermediary services, sales and purchase intermediary services for second-hand vessels
  • Owning and operating of LNG carriers and general commercial vessels
  • Ownership and leasing of FPSO facilities
  • Aircraft leasing operations
  • Cargo equipment repair and maintenance operations
  • Import and distribution of helicopters
  • Import and distribution of flight simulators

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