TOKYO, Dec 24 (Reuters) – Japan’s Mitsubishi Heavy Industries Ltd (MHI) said on Wednesday it was considering a range of options for its shipbuilding business, including splitting it off into a separate company.
The comment follows a report in the Nikkei business daily that it was looking at splitting off part of its shipbuilding business – primarily the shipyards that construct liquefied natural gas and liquefied petroleum gas carriers – by the middle of next year.
The move would allow that division to explore business tie-ups with other shipbuilding firms, it said.
The U.S. Congressional Budget Office (CBO) has projected the construction of 18 medium landing ships for the U.S. Navy to cost anywhere from two to three times higher than the...
By Tony Capaccio (Bloomberg) — The shipyard producing the US Navy’s new frigate has been hobbled by a failure to “achieve engineering and skilled workforce levels” for the medium-sized vessel, according...
(Bloomberg) — Constellation Oil Services Holding SA’s bondholders are reaping a windfall due to increased demand for the company’s offshore rigs from Petroleo Brasileiro SA, a sharp recovery for a...
April 11, 2024
Total Views: 276
Why Join the gCaptain Club?
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.