Mitsui E&S in talks to join with Tsuneishi
Talk of an agreement follows hard on the heels of another deal between Japan’s two biggest players Imabari Shipbuilding and Japan Marine United. Japanese shipbuilders, like their counterparts in South Korea and China are consolidating to survive the industry downturn
The two sides are expected to reach an accord by the end of 2020 and are continuing with discussions on investment proportions and other financial details
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