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Mitsubishi Heavy to Shrink Shipbuilding Operations -Report

TOKYO, Oct 9 (Reuters) – Japan’s Mitsubishi Heavy Industries is planning to stop taking new orders for large passenger ships, downsizing its shipbuilding operations due to a slump in orders, the Nikkei newspaper reported on Sunday. The plans by Japan’s fourth-largest shipbuilder come as new shipbuilding orders have declined 80 percent so far this year, […] The post Mitsubishi Heavy to Shrink Shipbuilding Operations -Report appeared first on gCaptain.
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