Oshima Shipbuilding of Japan wants to expand its plant site by 30% — from the current 800,000 square metres — through land acquisition so that it can increase its shipbuilding capacity.
The Minami-family controlled shipyard disclosed that it has already acquired a 150,000 square metres land adjacent to its current site in March and will be bidding on a piece of 120,000 square metres reclaim land that is located south of Oshima.