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Marcos: Japan dual-fueled bulker in PH game changer for shipping
By Ruth Abbey Gita-Carlos, Philippine News Agency
CLEAN, SMART SHIPPING. President Ferdinand R. Marcos Jr. (3rd from right) meets with Tsuneishi Holdings Corporation executives in Osaka, Japan on Friday (June 20, 2025).
The meeting was held to reaffirm the strategic partnership between the Philippines and Japan in sustainable shipbuilding and industrial development. (PCO Photo)
MANILA – President Ferdinand R. Marcos Jr. on Friday met with the executives of Japanese firm Tsuneishi Holdings Corporation to discuss the strategic partnership between the Philippines and Japan in sustainable shipbuilding and industrial development.
In a Facebook post after the meeting, Marcos said the Japanese shipbuilder’s first methanol dual-fuelled KAMSARMAX bulk carrier at a Cebu facility is a “game changer for clean and smart shipping.”
“The future of shipbuilding is taking shape in the Philippines,” Marcos said. “It’s proof of what we can achieve through innovation, strong partnerships and the talent of the Filipino workforce.”
Marcos hailed the project as a “technological breakthrough” and “a symbol of what the Philippines and Japan can achieve together,” the Presidential Communications Office said in a separate statement.
Tsuneishi completed the first block loading for KAMSARMAX on April 21 this year, according to a statement uploaded on the Japanese firm’s website.
“This methanol-fuelled vessel is a new type of vessel that combines environmental performance with economy, based on environmental, social and governance principles,” the firm said. “It incorporates innovative environmentally friendly technologies aimed to maintaining and improving the lifetime value of the vessel.”
The vessel is scheduled to be launched in July 2025 and delivered in January 2026.
One of the world’s top shipbuilders, Tsuneishi has been a key player in the international maritime industry since 1917, accounting for a significant share of the global market for medium-sized bulk carriers.
The Japanese shipbuilder specializes in building bulk carriers, container ships, and tankers, and operates shipyards in the Philippines, Japan, and China with business offices across Asia and Europe.
Strengthening its presence in the Philippines, Tsuneishi is entering the fifth phase of expansion of its shipyard in Balamban, Cebu with investments on new capital equipment and enhanced research and development capabilities.
