Independent journal on economy and transport policy
08:36 GMT+2
Kawasaki Heavy to close shipbuilding dock
(Shipping Times)
July 16, 1999
[TOKYO]
Kawasaki Heavy Industries Ltd said it will suspend operation of one of two shipbuilding docks at its main shipyard in a move to cut costs and compete better with South Korean counterparts.
Japan's second-largest heavy machinery maker after Mitsubishi Heavy Industries Ltd has been suffering from intense price competition with the likes of Hyundai ...... Read more on Shipping Times
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