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Cheap oil doesn't deter Japanese shipbuilders from betting on LNG

Published Tue, Mar 10, 2015 · 09:50 PM
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Tokyo

AT A shipyard in southern Japan, Mitsubishi Heavy Industries engineers envision the newest fuel-efficient engines for liquefied natural gas carriers while others design tanks with greater capacity.

Years after South Korean rivals became the world's largest shipbuilders, the Japanese stand at the cusp of clawing back some of the industry they once dominated.

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