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.
Sign up for our newsletter