Independent journal on economy and transport policy
19:04 GMT+2
Kawasaki may hive off shipbuilding operations
(Shipping Times)
May 10, 2000
It may merge new subsidiary with Mitsui Engineering
[TOKYO]
Kawasaki Heavy Industries Ltd (KHI), Japan's No 2 maker of ships and heavy machinery, said it is considering spinning off its shipbuilding division as a subsidiary to lower costs amid competition from South Korean shipyards.
KHI, which also builds aerospace components, power plants, steel foundries ...... Read more on Shipping Times
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