Imabari Shipbuilding Co., Ltd. has reached an initial agreement to acquire compatriot Japanese shipbuilder Minaminippon Shipbuilding Co., Ltd.
The takeover, which remains subject to further discussions before the deal is concluded, would take effect April 1, 2018.
Minaminippon’s present shareholders include Mitsui Engineering & Shipbuilding Co., Ltd. (25 percent) and Mitsui O.S.K. Lines, Ltd. (24 percent).
Newport Shipping announced a strategic partnership with Unithai Shipyard and Engineering in Thailand. Unithai Shipyard and…
Canada, looking to shore up its defense of the Arctic, is moving ahead to acquire up to 12 submarines and has started a formal…
The first-of-its-kind hydrogen-fueled ferry Sea Change will soon begin public service, providing zero-emissions transport…
French shipping and logistics company CMA CGM said on Thursday that its ship "Benjamin Franklin" had lost 44 containers in…
Military Sealift Command is hiring experienced mariners.
The right software solution can help operators manage the dual demands of regulatory compliance and commercial opportunity
Reducing pollutant emissions in the shipping industry with LEWA's diaphragm pumps
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