MILES Co.,Ltd.

News Release

 
Sep 15, 2026
Approval in Principle (AiP) Acquired for Standard Low-Pressure Liquefied CO₂ Carrier toward Realization of CCS Business in Japan
-- First Successful Result for a Standard Design Framework Utilizing MILES --
Apr 01, 2026
About personnel changes
Jan 1th, 2025
MI LNG Company, Limited changed its name to MILES Co., Ltd.

All News Release

About MILES Co., Ltd.

With domestic shipping companies, shipbuilders, and stakeholders across the maritime industry as customers, we aim to provide advanced basic ship designs and build a collaborative platform to realize highly competitive ship designs through standardization and commonization of specifications.

Mission:
By enabling cross-industry collaboration beyond traditional boundaries in Japan, we seek to advance the domestic maritime industry by delivering sophisticated ship designs that bring together the collective strengths of Japan’s maritime sector.

Vision:
We aspire to become a design center that widely provides basic designs for next-generation vessels, including new-fuel ships utilizing low-carbon technologies as well as liquefied CO₂ carriers, in response to the evolving needs of domestic shipping companies and shipbuilders.

Values:
Guided by the principle of “three-way benefit” for domestic shipping companies, shipbuilders, and the maritime industry as a whole, we promote the standardization and commonization of specifications for basic designs of next-generation vessels.



Message from the President

Manabu Kawakado

Our company was established in 2013 as MI LNG Company, Ltd., a joint venture between Mitsubishi Heavy Industries, Ltd. and Imabari Shipbuilding Co., Ltd., focusing on the design and marketing of LNG (Liquefied Natural Gas) carriers.

In 2023, in response to the challenge of achieving GHG net-zero emissions and the resulting change of fuel type and environmentally friendly equipment, as well as the anticipated expansion of maritime transportation for liquefied CO₂, ammonia, and other cargoes requiring new technologies, we began providing basic design services for merchant vessels, including next-generation ships. This initiative was built on the extensive knowledge and experience of Mitsubishi Heavy Industries and its subsidiary Mitsubishi Shipbuilding Co., Ltd., which possess these core technologies.

In 2025, we changed our company name to MILES Co., Ltd., an acronym for Marine-design Initiative for Leading Edge Solution. Furthermore, in January of this year, we welcomed Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., Nippon Yusen Kabushiki Kaisha, Japan Marine United Corporation, and Nihon Shipyard Co., Ltd. as shareholders. This has enabled us to establish a framework in which leading Japanese shipping companies and shipbuilders can collaborate broadly to deliver competitive and advanced designs for next-generation vessels.

As international conditions surrounding the maritime industry continue to change significantly, shipbuilding has been designated as a strategic sector in Japan’s “Growth Strategy Council,” reaffirming the importance of strengthening the international competitiveness of the Japanese shipbuilding industry.

Leveraging our solid technological capabilities, we will continue to work closely with shipping companies, shipbuilders, and the wider maritime industry to deliver advanced ship designs, contribute to the development of Japan’s shipbuilding industry, and grow together with our partners.

We sincerely ask for your continued support and cooperation.

April ,2026
Manabu Kawakado
President

Company Information

   
Company Name MILES Co.,Ltd.
Major Business Design of Commercial Ships (conventional and alternative fuel vessels)
Design Engineering of Alternative Fuel Tanks
Sales Agent for FGSS sold by Mitsubishi Shipbuilding Co., Ltd.
Head Office 5-1,Shimbashi 4-chome, Minato-Ku Tokyo
105-0004 JAPAN   <MAP>
Nagasaki Branch 1-1, Akunoura-machi, Nagasaki City, Nagasaki
850-8610 JAPAN <MAP>
Representative Manabu Kawakado
President
Capital 50 million yen
Establishment April 1st, 2013

Corporate Organization

Corporate Organization

History

April 2013
Mitsubishi Heavy Industries Ltd. and Imabari Shipbuilding Co., Ltd. founded MI LNG Company Ltd. focusing on the design and marketing of LNG carriers.
July 2023
Basic design services for merchant vessels including next-generation ships were started.
January 2025
The name was changed to MILES Co., Ltd. (Marine-design Initiative for Leading Edge Solution)
January 2026
Stockholder configuration was changed as follows.
 Mitsubishi Heavy Industries Ltd.
 Nihon Shipyard Co., Ltd.
 Imabari Shipbuilding Co., Ltd.
 Japan Marine United Corporation
 Kawasaki Kisen Kaisha, Ltd. (“K” LINE)
 Mitsui O.S.K. Lines, Ltd.
 Nippon Yusen Kabushiki Kaisha (NYK Line)