Independent journal on economy and transport policy
01:35 GMT+2
Japan's shipbuilding body considers mergers likely
(Shipping Times)
July 26, 1999
[TOKYO]
Japan's shipbuilders will probably have to merge if companies such as Mitsubishi Heavy Industries Ltd and Kawasaki Heavy Industries Ltd want to remain competitive, said Toshio Kamei, the head of the Shipbuilders' Association of Japan.
The comment comes after Japan's Ministry of Transport last week said it may urge the country's shipbuilders to consolidate ...... Read more on Shipping Times
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