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:
“In front of these sinister facts, the first lesson of history is the good of evil. Good is a good doctor, but Bad is sometimes a better.”
—Ralph Waldo Emerson (1803–1882)
“Anything in history or nature that can be described as changing steadily can be seen as heading toward catastrophe.”
—Susan Sontag (b. 1933)
“No matter how vital experience might be while you lived it, no sooner was it ended and dead than it became as lifeless as the piles of dry dust in a school history book.”
—Ellen Glasgow (1874–1945)