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Business deals

Mitsui E&S and Tsuneishi to operate jointly in shipbuilding

The Japanese companies aim to compete against Chinese and South Korean rivals

Mitsui E&S operates the Tamano Shipyard in Okayama Prefecture.

TOKYO -- Japanese shipbuilder Mitsui E&S Holdings is in discussions with compatriot Tsuneishi Holdings to form a shipbuilding tie-up, at a time when the domestic industry is struggling to compete with Chinese and South Korean rivals.

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