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.
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.