
Japan drops plans for superfast ship
Webindia123.com, July 25, 2005 12:11:27 PM IST, TOKYO---Japan will abandon plans to put into service the world's fastest passenger ship, which cost $103 million to build...The Techno Superliner, in service between Tokyo and Chichijima in the Ogasawara Islands, will most likely be scrapped without commercial operations because the Construction and Transport Ministry and the Tokyo metropolitan government concluded that they could not subsidize the business plan which was likely to lose money...more...