Uploaded October 2024 | Updated September 2026, 2 weeks ago
Earlier this year, Japan’s BEMAC completed the deal to become majority stakeholder in The Switch, an acquisition providing the proverbial ‘win-win’ for both sides, as BEMAC [along with partner Mitsui] got a leg-up on modern electric solutions for ships, while The Switch saw benefits from the assets of a much larger organization and an entrance into the difficult-to-penetrate Japanese shipbuilding market. At SMM 2024 in Hamburg, Maritime Reporter TV caught up with a quartet of executives from both organizations to discuss changes in the organization to date, as well as some practical advice for shipowners mulling the switch.
Earlier this year, Japan’s BEMAC completed the deal to become majority stakeholder in The Switch, an acquisition providing the proverbial ‘win-win’ for both sides, as BEMAC [along with partner Mitsui] got a leg-up on modern electric solutions for ships, while The Switch saw benefits from the assets of a much larger organization and an entrance into the difficult-to-penetrate Japanese shipbuilding market. At SMM 2024 in Hamburg, Maritime Reporter TV caught up with a quartet of executives from both organizations to discuss changes in the organization to date, as well as some practical advice for shipowners mulling the switch.
