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Business deals

Mitsubishi Heavy in talks to sell flagship shipyard in Nagasaki

Move marks exit from building of LNG and other large resource carriers

The Mitsubishi Heavy Industries plant in Nagasaki, which is likely to be sold to Oshima Shipbuilding.

TOKYO -- Mitsubishi Heavy Industries is to sell its Koyagi plant, the main one of two located in Nagasaki.

The Japanese conglomerate is in talks to sell the plant to Oshima Shipbuilding, the country's third-largest shipbuilder based in Saikai, Nagasaki Prefecture. The parties are yet to agree on the sale price.

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