<p>Mitsubishi Heavy Industries has reportedly postponed plans to re-enter into cruiseship construction as early as 2012 after Princess Cruises are said to have scrapped talks on newbuildings. The Lloyds List cited Nikkei Daily, which reported that the yard was believed to have been in the final stages of negotiations with Carnival Corp &amp; PLC for two large 1,000-passenger-plus vessels priced in the region of JPY 100bn ($845m) each. </p><p>Mitsubishi pulled out of the cruise business in 2002 after a fire broke out during the construction of the 115,000 gross ton Diamond Princess that was delivered in 2004. It signalled it was back in the cruise business last year, due to a sharp rise in demand mainly in the US and Europe, Lloyds List said.</p><p>The first ship was to have been delivered in the spring of 2013 and the other a year later.The order had been expected to be finalised by year-end at the earliest. Mitsubishi was worried that the rising yen would hit profitability on cruiseship building, the report said. </p><p>The two ships were reportedly planned to exceed the 115,000 gross ton size of the Diamon Princess and Sapphire Princess that Mitsubishi built for Princess earloer in the millennium.</p><p>&nbsp;</p>