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).
Magnet Defense today announced beginning production of its first deliverable M48 unmanned surface vessel (USV), marking a…
China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building…
In 2024, Cheoy Lee Shipyards of Hong Kong delivered the first boat of Robert Allan Ltd.’s new Z-Tech 6000 design, the PSA Gemini…
Last August, U.S. Navy officials carrying out a test of unmanned vessels realized they had hit a single point of failure: Starlink.
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