Namura Shipbuilding has deepened its loss projections for the fiscal year to the end of March 2018.

The Japanese shipbuilder is now forecasting a loss of JPY 298.53m ($2.73), beyond the JPY 68.11m previously guided.

Namura recorded a loss of JPY 163.88m in the previous financial year.

The shipbuilder did not offer any commentary on the reasons behind the revision.