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Imabari Shipbuilding ups stake in Japan Marine United to become controlling shareholder
Move is part of Japan’s desire to reignite its shipbuilding ambitions
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Imabari completes acquisition of Japan’s second-largest shipbuilder
Imabari Shipbuilding has completed the acquisition of a controlling stake in Japan Marine United (JMU), a deal that reshapes Japan’s shipbuilding landscape and aligns closely with Tokyo’s longer-term ambition to consolidate and revitalise the sector in the face of rising Chinese and South Korean competition. Imabari confirmed it has taken a 60% stake in JMU, …
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