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09 December 2019 The on-line newspaper devoted to the world of transports 04:29 GMT+1



May 10, 2000

Kawasaki may hive off shipbuilding operations

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 ......
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