IHIMU to Invest in Shipyard Upgrade

20 June 2010 (Last Updated June 20th, 2010 18:30)

Japan's IHIMU will invest JPY9bn ($99m) this year to upgrade its shipyard facilities. The company will replace two 120t cranes with 200t cranes for building commercial vessels at its Yokohama dock. The investment will maximise ship blocks to increase shipbuilding capacity,

Japan's IHIMU will invest JPY9bn ($99m) this year to upgrade its shipyard facilities.

The company will replace two 120t cranes with 200t cranes for building commercial vessels at its Yokohama dock.

The investment will maximise ship blocks to increase shipbuilding capacity, according to asiasis.com.