Imabari Shipbuilding and Japan Marine United have delayed the start of their joint venture due to antitrust scrutiny of the shipbuilding sector. While the profitability of the container-line sector is improving and new orders may be on the way, potentially including an order from Hapag-Lloyd, the shipbuilding sector is not in good shape. Exports from China, Japan and South Korea combined fell by 11.9% year over year in the three months to Aug. 31, led by a 56.7% slump in exports from Japan. New orders in China meanwhile remain depressed with the remaining orderbook for the industry falli...