Japanese firm to exit shipbuilding business after 127 years

Japan’s Sumitomo Heavy Industries has adopted a resolution whereby one of its subsidiaries will withdraw from the business of building new general commercial vessels, the company said in a statement on Wednesday, February 14. The company’s shipbuilding business Sumitomo Heavy Industries Marine and...

https://www.bairdmaritime.com/ship-world/tanker-world/japanese-firm-to-exit-shipbuilding-business-after-127-years/

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