Word: ishikawajima-harima
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Humbled too are Japan's shipbuilders, who are suffering from a worldwide glut of shipping capacity. For the six months ending September, four of the six major Japanese manufacturers lost money for the first time since 1979. Shipbuilder Ishikawajima-Harima Heavy Industries plans to reduce its work force from 24,000 to 17,000 by year's end. One 90-year-old shipbuilder, Hakodate Dock, was once the largest employer in the city of Hakodate. Now the company has no orders at all for next year and beyond. In shipbuilding, as in steel, the most forceful challenge comes from South...
Exasperated, Ludwig refused to repay loans guaranteed by Brazil's National Economic Development Bank. These included $163 million owed to Japan's Ishikawajima-Harima Heavy Industries for a $250 million floating pulp mill, and another $29 million to Lloyds Bank International...
...barge-borne plant was towed by tugboat through the Indian and Atlantic oceans on a 15,000-mile, 93-day voyage from Kure, Japan, where it had been built by Ishikawajima-Harima Heavy Industries (I.H.I.). In Brazil, it was taken to a docking area that had been constructed by 2,500 workers on the Jari River, an Amazon tributary 250 miles inland. The factory and its separate 55,000-kw power plant was floated into position over 4,000 submerged pilings last month. Then water under the pilings was drained, and Brazil's Munguba district, which before Ludwig...
...Keidanren's image is the first order of business for its new president, former Toshiba Electric Chairman Toshiwo Doko. At 77 - only three years younger than his predecessor -Doko continues Keidanren's tradition of gerontocracy. But he is a man of action who skippered the recovery of Ishikawajima-Harima Heavy Industries (shipbuilding), then switched to Toshiba in 1965 and led its resurgence from a deep plunge into debt...
Japan's new generation of tankers is getting too big for its berths. The world's latest heavyweight champion of the seas, a 276,000-ton ship built by Ishikawajima-Harima Heavy Industries Co. (IHI), last week had to be eased prematurely down the ways in Yokohama with upper portions of her towering hull unfinished. When completed, the new tanker, made in Japan for the U.S.'s National Bulk Carriers, Inc., will pack an incredible 2.2 million barrels of crude oil on her route from the Persian Gulf to Ireland, via the Cape of Good Hope...