Mitsubishi Shipbuilding is exploring a cooperation with a European shipbuilder as part of an evolution of its business model in a difficult market.
At Posidonia, the Japanese shipyard announced a linkup with Cosco Shipping Heavy Industry to retrofit its rectangular scrubber for large vessels, with a demonstration project planned with a China Cosco ship.
Tohru Kitamura, executive vice president of Mitsubishi Shipbuilding, says the project is one way the company is adapting its business model in the face of very severe conditions in the shipbuilding market.
