New Japanese Engine Force In The Making

Japan’s largest shipbuilder is taking a stake in the country’s two-stroke engine production sector. A draft agreement has been signed for Imabari Shipbuilding’s intended 35% equity participation in a company to be created through the spin-off of Hitachi Zosen’s marine engine business.

Imabari Shipbuilding formed a capital and business alliance with Japan Marine United (JMU) at the beginning of 2021.

Japan’s largest shipbuilder is taking a stake in the country’s two-stroke engine production sector. A draft agreement has been signed for Imabari Shipbuilding’s intended 35% equity participation in a company to be created through the spin-off of Hitachi Zosen’s marine engine business.