Wednesday, July 20, 2011

Japanese win 120 export ships

Japanese shipbuilders won a total of 15 export orders in June, 10 of which were for handysize or handymax bulk carriers, four for panamax and one for capesize.

The new orders totalled 550,000 gt, almost unchanged since May when Japanese shipbuilders won contracts for 18 vessels.

According to statistics released on July 19th from the Japan Ship Exporters’ Association, June’s new orders bring the year-to-date (January-June) total to 120 vessels amounting to 5.05m gt (2.3m cgt).

The figure is down 2% from the same period of last year, in gt terms.

Around 90% in vessels terms were orders for bulk carriers with small and midsize vessels below panamax took 76%.

During the first half, Japanese built and exported 201 ships or 9.3m gt, down by 7% in gt terms.

Japan’s total orderbook for ships destined for export is 907 ships or 41.9m gt as of June end, of which 310 ships or 14.7m gt are scheduled for delivery this fiscal year, which ends on March 31, 2012.
325 ships or 14.8m gt are scheduled for fiscal 2012, 190 ships or 8.7m gt for fiscal 2013, 80 ships or 3.5m gt for fiscal 2014 and two ships or 90,000 gt for fiscal 2015.

June’s orders were all cash orders, with 57% of shipowners opting to pay in yen.

Around half of the new orders in terms of value were processed through Japanese trading houses.

Published : July 20, 2011

Source: Asiasis


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