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Japan's Top 2 Shipbuilders Join Hands

Japan's Top 2 Shipbuilders Join Hands

   Tokyo, Nov. 29 (Jiji Press)--Imabari Shipbuilding Co. and Japan Marine United Corp., Japan's largest and second-largest shipbuilders, said Friday that they have reached a basic agreement on capital and business tie-ups.
   With the alliance, the shipbuilders aim to strengthen their international competiveness at a time when South Korean and Chinese rivals are going through major realignment to grow stronger.

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AFP-JIJI PRESS NEWS JOURNAL


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