Kawasaki Heavy Industries’ specialisation in gas carriers is paying off after it turned a profit following a series of VLGC orders.
The Japanese company’s energy solutions & marine engineering division reported a ¥9.3bn ($70.1m) profit in the financial year to the end of the third quarter, reversing a ¥9.6bn loss a year earlier.
Orders received in the division were up ¥48.6bn