{"id":384535,"date":"2026-04-10T06:03:11","date_gmt":"2026-04-10T06:03:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/384535\/"},"modified":"2026-04-10T06:03:11","modified_gmt":"2026-04-10T06:03:11","slug":"can-japan-regain-shipbuilding-might-with-us6-3-billion-funding-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/384535\/","title":{"rendered":"Can Japan regain shipbuilding might with US$6.3 billion funding plan?"},"content":{"rendered":"<p><a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/japan?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Japan<\/a> is forging ahead with an investment plan that could see as much as 1 trillion yen (US$6.3 billion) pumped into its shipbuilding sector as it tries to wrest back greater control of a key strategic industry.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">However, analysts said money alone would not be enough to restore Japan\u2019s former standing in a sector now dominated by China, with higher costs, labour shortages and years of lost capacity all standing in the way.<\/p>\n<p>The effort has taken on greater urgency as <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/us-israel-war-iran?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">turmoil in the Middle East<\/a> has exposed the vulnerabilities of global shipping routes, with Tokyo increasingly viewing shipbuilding as both an economic and security priority.Concern over Japan\u2019s declining role in the global shipbuilding sector has persisted for more than a decade, but attitudes shifted more sharply after <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/topics\/donald-trump?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">Donald Trump<\/a> returned to the White House in January last year and shipbuilding emerged as an area for possible cooperation between Japan and the US.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">For Tokyo, repairing and building US warships in the eastern Pacific was seen as a way to offset the tariffs Trump imposed early in his second administration.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">In June, the ruling Liberal Democratic Party\u2019s special committee on marine transport set up a new forum to examine shipbuilding\u2019s links to economic security. Before the end of the month, a proposal for large-scale investment totalling 1 trillion yen had been put forward.<\/p>\n","protected":false},"excerpt":{"rendered":"Japan is forging ahead with an investment plan that could see as much as 1 trillion yen (US$6.3&hellip;\n","protected":false},"author":2,"featured_media":384536,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,1657,54,183507,184,63,149244,85,46,1437,35345,47,183508,1490,11471,15624,1880,208,183506],"class_list":{"0":"post-384535","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-china","10":"tag-donald-trump","11":"tag-dynamar-bv","12":"tag-economy","13":"tag-europe","14":"tag-hormuz","15":"tag-il","16":"tag-israel","17":"tag-japan","18":"tag-liberal-democratic-party","19":"tag-middle-east","20":"tag-nihon-shipbuilding","21":"tag-red-sea","22":"tag-south-korea","23":"tag-taiwan","24":"tag-tokyo","25":"tag-us","26":"tag-yang-ming"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/384535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=384535"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/384535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/384536"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=384535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=384535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=384535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}