News
19 February 2024

Sumitomo Heavy Industries to leave commercial shipbuilding industry

In:
Transport
Region:
Asia-Pacific

Historic Japanese shipbuilding company Sumitomo Heavy Industries Marine & Engineering is pulling out of the industry after more than 125 years, citing a “deteriorating environment” for the business amid rising material costs and volatile ship prices.SHIME, which mainly focussed on...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
22 December 2025

TXF's Year In Review

TXF's editorial team sat down to discuss their best articles and insights of the year with few forward looking trends set to emerge in 2026.

Perspective
23 December 2025

On Your Radar for 2026: The Must-Watch Trends From 2025

Explore three of the top export and commodity finance trends going into 2026, with news, in-depth articles, deals data, and event content curated by Exile Flow AI. Green...