No one should be surprised by this news. Today publisher Deep Silver announced that Shenmue 3 will be further delayed to 2019 in order for the developers to polish the game.
We haven’t seen anything else from Shenmue 3 since E3 2015, where the initial Kickstarter campaign was launched and broke records in under 24 hours. I knew the game would get delayed when Sega said that they will not be showing this game at E3 2017 to continue working on it. That’s already a bad sign when you don’t have anything playable in 2 years, so we will see if 2019 is finally the year for Shenmue.