Japanese ship orders increase 111pc in five months
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Japanese export ship orders were up 111 per cent year on year to 5,867,651 gross tons in the first five months of fiscal 2010, starting April 1, showing a rise for the ninth consecutive month, reports the Journal of Commerce citing the figures released by the Japan Ship Exporters' Association.
But the gross tonnage in August was still 29.7 per cent lower than the high point made in the same period 2008 before the occurrence of global recession.
In August, Japanese shipbuilders received orders for 31 export ships, including 29 bulk carriers and two oil tankers with a total of total 581,672 compensated gross tons.
From April to August, Japanese shipbuilders received orders for 128 export vessels, including 118 bulkers, six general cargo vessels and four oil tankers with a total of 2,544,447 compensated gross tons.
But the gross tonnage in August was still 29.7 per cent lower than the high point made in the same period 2008 before the occurrence of global recession.
In August, Japanese shipbuilders received orders for 31 export ships, including 29 bulk carriers and two oil tankers with a total of total 581,672 compensated gross tons.
From April to August, Japanese shipbuilders received orders for 128 export vessels, including 118 bulkers, six general cargo vessels and four oil tankers with a total of 2,544,447 compensated gross tons.