CEO Message
On the Occasion of Our 10th Anniversary

Our products have a history that dates back to the production of the first marine boiler in 1885. In the early 1900s, we began manufacturing marine turbines and propellers. Subsequently, we expanded our product range with the introduction of steering gears in 1935, MET turbochargers in 1965, and retractable fin stabilizers in 1989, which make up the core of our product lineup today.
As the shipbuilding market transitioned from Europe to Japan, South Korea, and China, we initiated a licensing program, starting with the licensing of marine main turbines to Hyundai Heavy Industries in 1992. We continued this trend by licensing steering gears, MET turbochargers, marine boilers, and propellers to companies in Japan, South Korea, and China, thus expanding the presence of Mitsubishi Heavy Industries-branded products.
Currently, over 50% of ships in operation worldwide with a capacity of 10,000 DWT or more - roughly 30,000 vessels in total - are equipped with our branded products.