Imabari Shipbuilding, considered to be one of the biggest shipbuilding players in Japan, has entered an agreement with compatriot JFE Steel Corporation and IHI Corporation to acquire a portion of the shares of Japan Marine United Corporation (JMU) previously owned by JFE and IHI. As disclosed, once approvals from relevant domestic and international authorities are … Continue reading Japan’s ‘top’ shipbuilder restructures: Imabari gains upper hand in JMU