History
Oshima launched its first ship in 1975. The disruptions in the oil industry of the 1970s caused the company difficulties. Between 1975 and 1979 Oshima reduced its workforce from 1,800 to 785. In response, the company repositioned itself to specialize in building handymax and panamax bulk carriers.
The company has built 400 bulk carriers and delivers about 25 new ships annually to a worldwide client base. As of 2003, the company has annual revenues of 61,900,000,000 Yen and a staff of 975 full-time employees. An additional 660 workers work for Oshima on a subcontracting basis.
Read more about this topic: Oshima Shipbuilding
Famous quotes containing the word history:
“No cause is left but the most ancient of all, the one, in fact, that from the beginning of our history has determined the very existence of politics, the cause of freedom versus tyranny.”
—Hannah Arendt (1906–1975)
“... all big changes in human history have been arrived at slowly and through many compromises.”
—Eleanor Roosevelt (1884–1962)
“There has never been in history another such culture as the Western civilization M a culture which has practiced the belief that the physical and social environment of man is subject to rational manipulation and that history is subject to the will and action of man; whereas central to the traditional cultures of the rivals of Western civilization, those of Africa and Asia, is a belief that it is environment that dominates man.”
—Ishmael Reed (b. 1938)