Minaminippon Shipbuilding Plans Shipyard in Oita

Thursday, November 09, 2006
Minaminippon Shipbuilding Co. said Thursday it will open by April 2008 a shipyard able to build 100,000-ton tankers on land to be purchased in Oita Prefecture's waterfront industrial belt. The Oita Prefecture builder of tankers and auto carriers will also build a repair dock at the new facility and expand an existing shipyard elsewhere in Oita in view of growing shipping activity worldwide, company officials said, adding it will spend 14 billion yen on the capital investment. It will be the first shipyard built in Japan since 2000, when Imabari Shipbuilding Co. completed a major facility in Ehime Prefecture. Minaminippon's project is set to raise the company's output to eight vessels per year by fiscal 2011 through March 2012 from the current five. According to a company estimate, this should raise annual sales to 42 billion yen from 19 billion yen in fiscal 2005.
Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.4820 sec (2 req/sec)