Mitsubishi Heavy Industries (MHI) management has decided to shift the focus of its cruise shipbuilding business to smaller cruiseships and roll-on roll-off cruise ferry ships after analyzing a whopping JPY 240.8bn ($2.3bn) in losses building two 124,000-gt cruiseships for Aida Cruises.
A committee at the Japanese shipbuilder set up to study the losses said the Nagasaki yard had overstretched itself in engineering and design terms with the Aida ships and now needs to build passenger ships more in line with its capability.
