Imabari Shipbuilding is calling for Japanese yards to cooperate on design to counter the consolidation trend in South Korean and Chinese shipbuilding.
Speaking at a company press conference held in Tokyo company president Yukito Hagaki said: “As consolidation progresses in South Korea and China, I think Japanese shipbuilders must start to look at alliances to share design functions.”
In the biggest consolidation so far in shipbuilding South Korea’s Hyundai heavy Industries is acquiring DSME.
