<p>Japan has unveiled an all‑Japan shipping initiative designed to lock in work for its shipyards and tighten cooperation along the domestic maritime value chain, as competition from Chinese and South Korean builders intensifies. ORIX’s vessel trading arm SOMEC has signed a capital and business alliance with three of Japan’s most influential owner‑builder groups – Shoei &#8230;</p> </p><p><p>https://splash247.com/japans-sakura-ocean-jv-blossoms-as-shipping-and-yards-unite/</p></p>