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.
U.S. shipbuilder Philly Shipyard, Inc. and HD Hyundai Heavy Industries Co., Ltd. (HHI), South Korea’s largest shipbuilding group, have signed a Memorandum of Understanding (MOU) to explore opportunities for collaboration...
SINGAPORE, April 24 (Reuters) – Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet, industry executives said....
Malaysia’s MISC Berhad, through its tanker subsidiary AET, has signed contracts for the world’s first two ammonia dual-fuel Aframaxes. The deal includes Time Charter Party Contracts (TCP) with PETCO Trading...
April 22, 2024
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