Friday, October 19, 2012

Japan orders edge down

Japanese shipyards' total order for export ship contracted during the first nine months of the year declined by 7% year-on-year, in terms of GT, to 117 vessels of a combined 5.67m gt (2.66m cgt).

According to Japan Ship Exporters' Association (JSEA), during July-September of 2012, export-ship order recorded 2.18m gt, increased by 65% on previous three months and nearly doubled against the same quarter of last year.

Of overall 117 vessels contracted for export from January to September, bulkers took the largest proportion with 92 vessels.

During the same period, more tankers were contracted, recording 18 orders. Also, five VLCCs, four LNG carriers, three LPG carriers, three product carriers, etc., were booked.

45 vessels were ordered by overseas owners, accounting for 40% of total 117 export ships. Considering orders awarded by domestic owners used to take more than 80%, proportion of overseas orders has widely expanded.

During the first nine months, a total of 282 vessels of a combined 12.82m gt, down by 2% y-o-y, went through customs, representing total newbuilding delivery.

Meanwhile, as of the end of September, Japanese shipbuilders secured a total of 622 export ships of a cumulative 28.25m gt (12.65m cgt) on the book, declined by 0.36m gt month-on-month.

Published : October 19, 2012

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