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Oshima Shipbuilding

Full company profile

uuid000s3la

Namestring
Oshima Shipbuilding
Legal namestring
株式会社大島造船所
Websiteurl
jp.osy.co.jp
Company typeenum
Private
Founded yearint
1973
Descriptiontext

Oshima Shipbuilding (株式会社大島造船所, 大島造船所) is a privately held Japanese shipbuilder founded in 1973 and headquartered in Saikai City, Nagasaki Prefecture. The company operates three business domains: (1) Shipbuilding — its core activity — focused on the construction of medium and small-sized bulk carriers (ばら積み貨物船), where it holds approximately 24% of the Japanese market and has cumulatively delivered 1,094 vessels through end-May 2026; (2) Steel Structures — building and maintaining bridges, offshore marine steel structures, and water-gate systems for public-sector and infrastructure clients; and (3) Agriculture — production and sale of regional specialty products, notably tomatoes, under a community-co-prosperity motto. Manufacturing is conducted across two shipyards (Oshima Factory and Koyagi Factory in Nagasaki City), supplemented by sales/marketing offices in Tokyo, Osaka, Fukuoka, Nagasaki, Sasebo, and Kagoshima, plus international operations in London (Oshima Shipbuilding Europe Limited) and Hanoi (Daizo-Tech, wholly-owned subsidiary).

The company sells primarily through direct B2B enterprise field sales to global shipping companies and maritime operators, with bespoke negotiated contracts for individual vessels; pricing is not publicly disclosed. The underlying technology is conventional Japanese shipbuilding for medium-tonnage dry-bulk hulls, steel fabrication for bridges and marine structures, and greenhouse agriculture. Recent strategic emphasis includes participation in Japan's national initiative to revive domestic LNG carrier construction (announced March 2026), partnerships for sustainable yard logistics (Daizo Corporation's e-NEO NEO-ONE EV, June 2026), and active government engagement (inspections by the Minister of Land, Infrastructure, Transport and Tourism and former Prime Minister Kishida in June 2026). The company's core advantage is its specialized construction capability and proven track record in the medium/small bulk-carrier segment, supported by approximately 1,773 employees as of April 2026.

Short descriptiontext

Oshima Shipbuilding (大島造船所) is a privately held Japanese shipbuilder (founded 1973, ~1,773 employees) that designs and builds medium and small-sized bulk carriers from two shipyards in Nagasaki Prefecture, holding about 24% of Japan's bulk-carrier market, with complementary steel-structure and agriculture businesses.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSaikai, Japan
HQ citystring
Saikai
HQ countrystring
Japan
HQ regionstring
Asia
Markets served

Serves global market

Offices12 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
bulk carrier construction, commercial shipbuilding, steel bridge fabrication, marine vessel manufacturing, offshore steel structures
Industry1 code
1Bulk Carrier Shipbuilding (Dry Bulk: Capesize/Panamax/Handysize)
CodeIMAJAAAAPrimaryYes
NAICS code1 code
  • Ship Building and Repairing336611
SIC code1 code
  • Ship & Boat Building & Repairing3730
Product category
Commercial Shipbuilding
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Shipbuilding - Bulk Carriers
TypeHardware Sales
Description

Oshima Shipbuilding generates revenue primarily through building and delivering ships, with bulk carriers as its main product. The company also operates a steel structure business constructing bridges and marine steel structures, and an agriculture business producing tomatoes and other products.

jp.osy.co.jp
2Steel Structure Construction
TypeOne Time License
Description

Construction of bridges, floating piers, and other marine steel structures, including maintenance and repair services for these structures.

jp.osy.co.jp
3Agriculture Business
TypeHardware Sales
Description

Agricultural product sales, including tomatoes and local specialty products sold under the motto of 'growing together with the local community.'

jp.osy.co.jp
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1農産事業 (Agriculture Business)
Description

Agricultural products business. The company sells agricultural products such as tomatoes alongside shipbuilding, operating under the motto '地域と共に' (together with the community).

jp.osy.co.jp
Core offering1 text field

Oshima Shipbuilding constructs medium and small-sized bulk carriers at its Saikai shipyard in Nagasaki Prefecture, delivering newbuild vessels to shipowners worldwide. The company also fabricates steel structures including bridges and offshore platforms under its steel structures division, and operates a small agricultural unit producing tomatoes. The core revenue driver is newbuild bulk carrier construction, supported by steel structure fabrication.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • 24% market share in Japan's bulk carrier market (as of December 2025)
+1 more record
Product overview1 text field

Oshima Shipbuilding operates three core business divisions: (1) Shipbuilding — the primary business focused on bulk carriers (ばら積み貨物船), where the company holds approximately 24% market share in Japan's bulk carrier market and has delivered 1,094 vessels as of May 2026; (2) Steel Structures (鉄構事業) — building and maintaining bridges, offshore steel structures, and water gates; and (3) Agriculture (農産事業) — producing agricultural products such as tomatoes under a regional co-prosperity motto. The company is headquartered in Saikai City, Nagasaki Prefecture, with approximately 1,773 employees.

Product and service2 records
1Bulk Carriers (Newbuild Shipbuilding)
CategoryCommercial Shipbuilding
Description

Design and construction of newbuild medium and small-sized bulk carriers (handysize and supramax-class) for commercial shipowners and shipping operators worldwide. Approximately 24% share of Japan's bulk carrier market.

2Steel Structures (Bridges and Offshore Structures)
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2026-06-01
Description

Daizo Corporation (based in Osaka) has integrated its 'e-NEO NEO-ONE' electric vehicle mobility brand into Oshima Shipbuilding's operations at the Nagasaki Prefecture shipyard. The compact three-passenger EV is designed to improve internal mobility at the large shipyard facility while eliminating CO2 emissions and reducing fuel costs. Daizo is also seeking collaborations with local governments for broader trials of sustainable mobility solutions beyond island communities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Imabari is Japan's largest shipbuilder and the most direct domestic competitor to Oshima, building bulk carriers, container ships, and tankers. Notably named alongside Oshima in the Japanese government's 2026 LNG carrier revival initiative, making it the closest like-for-like comparable for a PE investor evaluating Oshima's strategic positioning.

TypeDirect peer
Description

Tsuneishi Shipbuilding is a mid-sized Japanese bulk carrier specialist with yards in Japan and the Philippines, directly competing with Oshima in the Panamax/Handysize bulk carrier segments. Closest size and product-line comparable to Oshima in the Japanese mid-tier shipbuilder segment.

TypeDirect peer
Description

Namura Shipbuilding is a Japanese mid-tier shipbuilder with direct overlap with Oshima in medium-sized bulk carriers. Comparable in scale and product mix to Oshima, serving the same customer base of Japanese and international ship owners.

TypeDirect peer
Description

Sanoyas Hishino Meisho is a Japanese mid-sized shipbuilder with established bulk carrier construction capabilities, including specialized vessels. Provides a direct comparable for share-of-wallet economics and yard productivity benchmarks in the Japanese mid-tier shipbuilder cohort.

TypeBroad incumbent
Description

Mitsui E&S Shipbuilding is a historic Japanese shipbuilder now structured to focus on naval/defense, but with prior commercial bulk carrier construction experience. Useful comparable for engineering capability depth and Japan-domestic yard economics.

TypeBroad incumbent
Description

Kawasaki Heavy Industries is a diversified Japanese conglomerate with a shipbuilding division building LNG carriers, bulk carriers, and naval vessels. As a Japanese incumbent entering LNG alongside Oshima, it represents the strategic competitor in the LNG pivot specifically.

TypeBroad incumbent
Description

Mitsubishi Heavy Industries is a major Japanese heavy industrial conglomerate with shipbuilding capabilities including LNG carriers and naval vessels. Provides a benchmark for diversified Japanese industrial conglomerates competing in adjacent maritime construction segments.

TypeDirect peer
Description

Hyundai Mipo Dockyard is a Korean mid-sized shipbuilder specializing in smaller bulk carriers and product/chemical tankers, directly comparable in size and product focus to Oshima. Relevant for cross-border benchmarking on Korean yard productivity and pricing pressure.

TypeBroad incumbent
Description

Hyundai Heavy Industries is one of the world's largest shipbuilders and a dominant force in LNG carrier construction. Represents the strategic incumbent Oshima must compete with to win LNG carrier share.

TypeBroad incumbent
Description

Daehan Shipbuilding (now Hanwha Ocean) is a major Korean shipbuilder active in bulk carriers and LNG vessels. Useful for benchmarking the Korean competitive benchmark that drives global bulk carrier and LNG pricing.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Oshima Shipbuilding

Commercial Shipbuildingjp.osy.co.jp

Oshima Shipbuilding (大島造船所) is a privately held Japanese shipbuilder (founded 1973, ~1,773 employees) that designs and builds medium and small-sized bulk carriers from two shipyards in Nagasaki Prefecture, holding about 24% of Japan's bulk-carrier market, with complementary steel-structure and agriculture businesses.

What Oshima Shipbuilding does

Oshima Shipbuilding (株式会社大島造船所, 大島造船所) is a privately held Japanese shipbuilder founded in 1973 and headquartered in Saikai City, Nagasaki Prefecture. The company operates three business domains: (1) Shipbuilding — its core activity — focused on the construction of medium and small-sized bulk carriers (ばら積み貨物船), where it holds approximately 24% of the Japanese market and has cumulatively delivered 1,094 vessels through end-May 2026; (2) Steel Structures — building and maintaining bridges, offshore marine steel structures, and water-gate systems for public-sector and infrastructure clients; and (3) Agriculture — production and sale of regional specialty products, notably tomatoes, under a community-co-prosperity motto. Manufacturing is conducted across two shipyards (Oshima Factory and Koyagi Factory in Nagasaki City), supplemented by sales/marketing offices in Tokyo, Osaka, Fukuoka, Nagasaki, Sasebo, and Kagoshima, plus international operations in London (Oshima Shipbuilding Europe Limited) and Hanoi (Daizo-Tech, wholly-owned subsidiary).

The company sells primarily through direct B2B enterprise field sales to global shipping companies and maritime operators, with bespoke negotiated contracts for individual vessels; pricing is not publicly disclosed. The underlying technology is conventional Japanese shipbuilding for medium-tonnage dry-bulk hulls, steel fabrication for bridges and marine structures, and greenhouse agriculture. Recent strategic emphasis includes participation in Japan's national initiative to revive domestic LNG carrier construction (announced March 2026), partnerships for sustainable yard logistics (Daizo Corporation's e-NEO NEO-ONE EV, June 2026), and active government engagement (inspections by the Minister of Land, Infrastructure, Transport and Tourism and former Prime Minister Kishida in June 2026). The company's core advantage is its specialized construction capability and proven track record in the medium/small bulk-carrier segment, supported by approximately 1,773 employees as of April 2026.

Oshima Shipbuilding firmographics

Firmographics
Name
Oshima Shipbuilding
Legal name
株式会社大島造船所
Website
https://jp.osy.co.jp
Company type
Private
Founded year
1973
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Oshima Shipbuilding (大島造船所) is a privately held Japanese shipbuilder (founded 1973, ~1,773 employees) that designs and builds medium and small-sized bulk carriers from two shipyards in Nagasaki Prefecture, holding about 24% of Japan's bulk-carrier market, with complementary steel-structure and agriculture businesses.
Ownership category
akta.pro rank

Oshima Shipbuilding industry classification

Industry
Product category
Commercial Shipbuilding
NAICS
Ship Building and Repairing (336611)
SIC
Ship & Boat Building & Repairing (3730)
akta.pro primary industry
Bulk Carrier Shipbuilding (Dry Bulk: Capesize/Panamax/Handysize) (IMAJAAAA)

Keywords

  • Bulk carrier construction
  • Commercial shipbuilding
  • Steel bridge fabrication
  • Marine vessel manufacturing
  • Offshore steel structures

Where Oshima Shipbuilding is headquartered

Location

Headquarters

HQ city
Saikai
HQ country
Japan
HQ region
Asia

Offices12 records

Markets served

Oshima Shipbuilding business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

  1. Shipbuilding - Bulk Carriers: Oshima Shipbuilding generates revenue primarily through building and delivering ships, with bulk carriers as its main product. The company also operates a steel structure business constructing bridges and marine steel structures, and an agriculture business producing tomatoes and other products.
  2. Steel Structure Construction: Construction of bridges, floating piers, and other marine steel structures, including maintenance and repair services for these structures.
  3. Agriculture Business: Agricultural product sales, including tomatoes and local specialty products sold under the motto of 'growing together with the local community.'

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Oshima Shipbuilding product offering

Product offering

Core offering

Oshima Shipbuilding constructs medium and small-sized bulk carriers at its Saikai shipyard in Nagasaki Prefecture, delivering newbuild vessels to shipowners worldwide. The company also fabricates steel structures including bridges and offshore platforms under its steel structures division, and operates a small agricultural unit producing tomatoes. The core revenue driver is newbuild bulk carrier construction, supported by steel structure fabrication.

Product overview

Oshima Shipbuilding operates three core business divisions: (1) Shipbuilding — the primary business focused on bulk carriers (ばら積み貨物船), where the company holds approximately 24% market share in Japan's bulk carrier market and has delivered 1,094 vessels as of May 2026; (2) Steel Structures (鉄構事業) — building and maintaining bridges, offshore steel structures, and water gates; and (3) Agriculture (農産事業) — producing agricultural products such as tomatoes under a regional co-prosperity motto. The company is headquartered in Saikai City, Nagasaki Prefecture, with approximately 1,773 employees.

Differentiator

Problem solved

Functional benefit

Brands

  • 農産事業 (Agriculture Business): Agricultural products business. The company sells agricultural products such as tomatoes alongside shipbuilding, operating under the motto '地域と共に' (together with the community).

Products and services

  • Bulk Carriers (Newbuild Shipbuilding) Design and construction of newbuild medium and small-sized bulk carriers (handysize and supramax-class) for commercial shipowners and shipping operators worldwide. Approximately 24% share of Japan's bulk carrier market.
  • Steel Structures (Bridges and Offshore Structures)

Quantifiable outcome

  • 24% market share in Japan's bulk carrier market (as of December 2025)
  • +1 more outcomes

Companies that use Oshima Shipbuilding

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Oshima Shipbuilding technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Oshima Shipbuilding partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Daizo CorporationminorStrategic or Co-development Partner · 1 June 2026Daizo Corporation (based in Osaka) has integrated its 'e-NEO NEO-ONE' electric vehicle mobility brand into Oshima Shipbuilding's operations at the Nagasaki Prefecture shipyard. The compact three-passenger EV is designed to improve internal mobility at the large shipyard facility while eliminating CO2 emissions and reducing fuel costs. Daizo is also seeking collaborations with local governments for broader trials of sustainable mobility solutions beyond island communities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Oshima Shipbuilding competitors and assessment

Company assessment

Broad incumbents

  • Imabari Shipbuilding: Imabari is Japan's largest shipbuilder and the most direct domestic competitor to Oshima, building bulk carriers, container ships, and tankers. Notably named alongside Oshima in the Japanese government's 2026 LNG carrier revival initiative, making it the closest like-for-like comparable for a PE investor evaluating Oshima's strategic positioning.
  • Mitsui E&S Shipbuilding: Mitsui E&S Shipbuilding is a historic Japanese shipbuilder now structured to focus on naval/defense, but with prior commercial bulk carrier construction experience. Useful comparable for engineering capability depth and Japan-domestic yard economics.
  • Kawasaki Heavy Industries: Kawasaki Heavy Industries is a diversified Japanese conglomerate with a shipbuilding division building LNG carriers, bulk carriers, and naval vessels. As a Japanese incumbent entering LNG alongside Oshima, it represents the strategic competitor in the LNG pivot specifically.
  • Mitsubishi Heavy Industries: Mitsubishi Heavy Industries is a major Japanese heavy industrial conglomerate with shipbuilding capabilities including LNG carriers and naval vessels. Provides a benchmark for diversified Japanese industrial conglomerates competing in adjacent maritime construction segments.
  • Hyundai Heavy Industries: Hyundai Heavy Industries is one of the world's largest shipbuilders and a dominant force in LNG carrier construction. Represents the strategic incumbent Oshima must compete with to win LNG carrier share.
  • Daehan Shipbuilding & Marine Engineering (Hanwha Ocean): Daehan Shipbuilding (now Hanwha Ocean) is a major Korean shipbuilder active in bulk carriers and LNG vessels. Useful for benchmarking the Korean competitive benchmark that drives global bulk carrier and LNG pricing.

Direct peers

  • Tsuneishi Shipbuilding (CICS): Tsuneishi Shipbuilding is a mid-sized Japanese bulk carrier specialist with yards in Japan and the Philippines, directly competing with Oshima in the Panamax/Handysize bulk carrier segments. Closest size and product-line comparable to Oshima in the Japanese mid-tier shipbuilder segment.
  • Namura Shipbuilding: Namura Shipbuilding is a Japanese mid-tier shipbuilder with direct overlap with Oshima in medium-sized bulk carriers. Comparable in scale and product mix to Oshima, serving the same customer base of Japanese and international ship owners.
  • Sanoyas Hishino Meisho (Sanoyas Holdings): Sanoyas Hishino Meisho is a Japanese mid-sized shipbuilder with established bulk carrier construction capabilities, including specialized vessels. Provides a direct comparable for share-of-wallet economics and yard productivity benchmarks in the Japanese mid-tier shipbuilder cohort.
  • Hyundai Mipo Dockyard: Hyundai Mipo Dockyard is a Korean mid-sized shipbuilder specializing in smaller bulk carriers and product/chemical tankers, directly comparable in size and product focus to Oshima. Relevant for cross-border benchmarking on Korean yard productivity and pricing pressure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Oshima Shipbuilding social profiles

Digital presence

Oshima Shipbuilding financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Oshima Shipbuilding leadership team

Management profile

Number of profiles

Oshima Shipbuilding subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Oshima Shipbuilding funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Oshima Shipbuilding M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oshima Shipbuilding

What does Oshima Shipbuilding do?

Oshima Shipbuilding constructs medium and small-sized bulk carriers at its Saikai shipyard in Nagasaki Prefecture, delivering newbuild vessels to shipowners worldwide. The company also fabricates steel structures including bridges and offshore platforms under its steel structures division, and operates a small agricultural unit producing tomatoes. The core revenue driver is newbuild bulk carrier construction, supported by steel structure fabrication.

When was Oshima Shipbuilding founded?

Oshima Shipbuilding was founded in 1973. It employs 1,001 to 5,000 people.

Where is Oshima Shipbuilding based?

Oshima Shipbuilding is headquartered in Saikai, Japan, in the Asia region.

How does Oshima Shipbuilding make money?

Three revenue lines are on record. Shipbuilding - Bulk Carriers are the primary driver. The others are steel Structure Construction and agriculture Business.

Who are Oshima Shipbuilding's main competitors?

Broad incumbents on record are Imabari Shipbuilding, Mitsui E&S Shipbuilding, Kawasaki Heavy Industries, Mitsubishi Heavy Industries, Hyundai Heavy Industries and Daehan Shipbuilding & Marine Engineering (Hanwha Ocean). Direct peers are Tsuneishi Shipbuilding (CICS), Namura Shipbuilding, Sanoyas Hishino Meisho (Sanoyas Holdings) and Hyundai Mipo Dockyard.

Does Oshima Shipbuilding have an API?

No public API is recorded for Oshima Shipbuilding.

What industry is Oshima Shipbuilding in?

Oshima Shipbuilding's product category is Commercial Shipbuilding. Its primary akta.pro industry code is IMAJAAAA, Bulk Carrier Shipbuilding (Dry Bulk: Capesize/Panamax/Handysize). Its NAICS code is 336611 and its SIC code is 3730.

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Live signals
Splash247Tokyo adds $635m to shipyard revival pushJapan approved a second wave of shipbuilding revival fund investments, allocating up to $635m across five yard groups. The transport ministry cleared projects from Oshima, Kawasaki, Shin Kurushima, Naikai, and Mitsubishi, with maximum subsidies up to $40m for Oshima and $260m for Mitsubishi. Combined with earlier approvals, eight plans now represent about $5.83bn in spending.Third NewsInnovative EV Mobility 'e-NEO' Introduced at Oshima Shipbuilding for Enhanced EfficiencyDaizo Corporation, based in Osaka, has integrated its 'e-NEO NEO-ONE' electric vehicle mobility brand into Oshima Shipbuilding's operations in Nagasaki Prefecture, Japan. The compact three-passenger EV is designed to improve internal mobility at the large shipyard facility while eliminating CO2 emissions and reducing fuel costs. Daizo is also seeking collaborations with local governments for broader trials of sustainable mobility solutions beyond island communities.South China Morning Post‘Not easy’: Japan mulls building its own LNG carriers amid Iran energy crisisJapan is considering reviving its domestic LNG carrier production to enhance energy security amid the US-Israel war on Iran and global energy instability. The move involves Japan's top shipbuilders, Imabari and Oshima Shipbuilding, and aims to counter China's and South Korea's dominance in the LNG vessel market. Experts see potential in Japan's shipbuilding sector but recognize challenges due to the niche and advanced technology required.PR NewswireFednav Celebrates its Anniversary with a Special NameFednav Limited took delivery of the Federal Montreal, a new 34,500 DWT ice-class bulk carrier built at the Oshima Shipyard in Japan. The vessel was named to honor the company's headquarters city and mark Fednav's 75th anniversary.PR NewswireOshima Shipbuilding and DNV GL Sign Strategic CooperationOshima Shipbuilding and classification society DNV GL have signed a long-term strategic cooperation agreement to jointly develop new bulk carrier designs aimed at reducing greenhouse gas emissions in line with IMO targets. The first design from this partnership, the "Oshima Ultramax 2030," was launched at the Nor-Shipping trade fair in Oslo, achieving approximately 50% reduction in EEDI compared to comparable vessels through the use of LNG fuel, optimized hull shape, sails, solar panels, and battery systems. The partners intend to continue their strategic cooperation through 2030, developing and updating a road map toward IMO zero emissions scenario through annual joint industry projects.PR NewswireFednav takes delivery of its 60th owned vesselFednav Limited has taken delivery of its 60th owned bulk carrier, the MV Federal Dee, marking a significant milestone for the company. The vessel is the latest in a series of 22 box-hold handysize bulk carriers of 34,500 deadweight tons ordered from Oshima Shipyard of Japan since 2013. The company has invested over US$600 million in its newbuilding program and also contracted JMU Shipyard of Japan for a new 30,000 DWT Polar Class 4 mine support vessel flagged under Canadian registry.