TSUNEISHI SHIPBUILDING Co., Ltd. (Fukuyama, Hiroshima, Japan) announced to TSUNEISHI HEAVY INDUSTRIES (CEBU), INC. (THI), as a TSUNEISHI’s factory in the Philippines, that it has successfully completed the first block loading for its first Methanol Dual-Fuelled KAMSARMAX Bulk Carrier on 21 April, 2025 at THI Slipway No.2 . The vessel is scheduled to be launched in July 2025 and delivered in January 2026.

This methanol-fuelled vessel is a new type of vessel that combines environmental performance with economy, based on environmental, social and governance (ESG) principles. It incorporates innovative environmentally friendly technologies aimed to maintaining and improving the lifetime value of the vessel.
In order to embark on the construction of the first methanol-fuelled vessel at THI, we have made new capital investments and sent personnel to TSUNEISHI SHIPBUILDING for research and development and training. In particular, we are actively working to acquire the technology for the production of methanol fuel tanks and their components.
In addition, by using methanol for propulsion, this vessel reduces carbon dioxide emissions by 10%, nitrogen oxide emissions by 80% and sulphur oxide emissions by 99% during voyages compared to conventional models. In addition, it is the first methanol-fuelled vessel in the KAMSARMAX series, a long-standing series of vessels built by TSUNEISHI SHIPBUILDING, which reached the 400-vessel milestone in July 2024. With an overall length of 229m and a cargo capacity of 98,000m3, it offers excellent flexibility for transporting the three major bulk commodities of iron ore, grain and coal.

The construction of the methanol-fuelled vessel is a historic new step for the Philippine shipbuilding industry. THI, which has been innovating for more than 30 years, will continue to promote the development of new vessels and vessel propulsion technologies, leading the industry towards a more sustainable future.

■ TSUNEISHI SHIPBUILDING Co., Ltd.
TSUNEISHI SHIPBUILDING (HQ: 1083 Tsuneishi, Numakuma-cho, Fukuyama, Hiroshima, Japan) engages in shipbuilding and repairs, and is the anchor company of the TSUNEISHI Group, which conducts business mainly in the shipbuilding industry and maritime transport. With manufacturing bases in Japan (Tsuneishi Factory, the HQ), Philippines, and China, the company builds bulk carriers, container carriers, tankers, etc.
Company info: https://www.tsuneishi.co.jp/english/
Company ESG: https://www.tsuneishi.co.jp/esg/en/

Representative Director, President and Chief Executive Officer: OKUMURA Sachio
Business: Shipbuilding and repair
Founded: July 1917 (Taisho 6)
Capital: 100 million yen
Employees: 901 (as of 1st January 2025)
Headquarters: Fukuyama City, Hiroshima Prefecture, Japan (Main Factory)

Shipbuilding Business Affiliates:
TSUNEISHI HEAVY INDUSTRIES (CEBU), Inc. (Cebu, Philippines)
http://www.thici.com/
TSUNEISHI GROUP (ZHOUSHAN) SHIPBUILDING INC. (Zhejiang, China)
http://www.tsuneishi-zs.com/en/
TSUNEISHI IRON WORKS Co., Ltd. (Fukuyama City, Hiroshima Prefecture, Japan)
https://www.tsuneishi-iw.jp/
TSUNEISHI ENGINEERING Co., Ltd. (Fukuyama City, Hiroshima Prefecture, Japan)
http://www.tsune-e.com/
MIHO SHIPYARD Co., Ltd. (Shizuoka City, Shizuoka Prefecture, Japan)
https://www.mihoshipyard.com/
KANDA DOCKYARD Co., Ltd. (Kure-shi, Hiroshima, Japan)
https://kandadock.com/
Mitsui E&S Shipbuilding Co., Ltd. (Minato-ku, Tokyo, Japan)
https://www.tsuneishi.co.jp/mes-s/
YURA DOCKYARD Co., Ltd. (Yura, Hidaka-gun, Wakayama Prefecture, Japan)
https://www.yuradock.co.jp/en
NIIGATA SHIPBUILDING & REPAIR, Inc. (Niigata City, Niigata Prefecture, Japan)
https://www.tsuneishi.co.jp/nsr/
Akishima Laboratories Inc. (Akishima, Tokyo, Japan)
https://akishima-labo.co.jp/en/

For further information, please contact:
Corporate Communication and Group Branding Dept.
TSUNEISHI HOLDINGS CORPORATION
Email: pr@tsuneishi.com