November 9, 2006
New Japanese shipyard
Japan's Minaminippon Shipbuilding Co. is to build Japan's first new shipyard since 2000.
It will open by April 2008 and will be able to build 100,000 dwt tankers.
The yard will be built on land to be purchased in Oita Prefecture and will include a repair dock.
Minanippon, which specializes in tankers and car carriers, will also expand its existing shipyard in Oita,
Minaminippon plans to increase its output from the current five ships a year to eight per year by FY 2011.