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Friday, October 31, 2014

Mitsubishi Exits Cruise Business; Books $357m Loss

Mitsubishi Heavy Industries, Ltd. announced its decision to book an extraordinary loss from its cruise ship business in the company's consolidated financial results for the first half of the current fiscal year 2014 . Reasons Behind the Extraordinary Loss In November 2011 MHI received an order for two large-sized cruise ships for the AIDA Cruises brand.

http://www.marinelink.com/news/mitsubishi-business380000.aspx

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