Mitsubishi Heavy Industries Ltd. will enter the luxury ferry market in Europe as part of the restructuring of its ship-building business.Its Mitsubishi Shipbuilding Co. subsidiary will expand production facilities at two shipyards in Shimonoseki and Nagasaki in western Japan to prepare for orders from Europe, President Koji Okura said Monday in an interview with Kyodo News."We are looking at the European market. We must win there in price and performance (of upscale ferries)," Okura said.While the company has already started marketing operations in Europe, it is also considering targeting t…READ FULL ARTICLE
