MHI’s proprietary “Sayaendo” LNG carrier. Illustration courtesy MHI
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.
(Reporting by Edwina Gibbs; Editing by Paul Tait)
© 2014 Thomson Reuters. All rights reserved.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,862 members that receive our newsletter.
Have a news tip? Let us know.
Davie Shipbuilding, the Quebec-based shipbuilder, has secured a CAD $3.25 billion contract from the Government of Canada to construct a new polar icebreaker, with delivery expected by 2030. The project,...
By Lisa Baertlein LOS ANGELES, March 7 (Reuters) – President Donald Trump’s plan to revitalize the U.S. shipping industry could heap massive costs on ocean transport operators and spawn a new round of supply...
North Vancouver-based Seaspan Shipyards has secured a contract to construct a new heavy polar icebreaker for the Canadian Coast Guard (CCG). The vessel, representing the first polar icebreaker built in...
Maritime and offshore news trusted by our 108,862 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
