Japanese export ship orders fell for the third straight month in July on a year-on-year basis, plunging 58.2 percent to 484,020 gross tons, according to figures released by the Japan Ship Exporters’ Association, the Journal of Commerce reported.
The year-on-year pace of decline in July was faster than 4 percent in May but slower than 65.7 percent in June. In July, Japanese shipbuilders received orders for 13 export ships, all of which are bulk carriers. The 13 ships total 228,679 compensated gross tons.
Japanese export ship orders had grown for 17 months in a row until April after going through a serious slump due to the deep global economic downturn triggered by the financial crisis that erupted in the United States in the autumn of 2008.
The JSEA figures also showed that Japanese export ship orders in the first seven months of this year dropped 12 percent from a year earlier to 5,544,992 gross tons.
Japanese shipbuilders received orders for 133 export ships —122 bulk carriers, five tankers, four general cargo vessels and two marine resource research vessels— between January and July. The 133 ships total 2,531,511 compensated gross tons.
The year-on-year pace of decline in July was faster than 4 percent in May but slower than 65.7 percent in June. In July, Japanese shipbuilders received orders for 13 export ships, all of which are bulk carriers. The 13 ships total 228,679 compensated gross tons.
Japanese export ship orders had grown for 17 months in a row until April after going through a serious slump due to the deep global economic downturn triggered by the financial crisis that erupted in the United States in the autumn of 2008.
The JSEA figures also showed that Japanese export ship orders in the first seven months of this year dropped 12 percent from a year earlier to 5,544,992 gross tons.
Japanese shipbuilders received orders for 133 export ships —122 bulk carriers, five tankers, four general cargo vessels and two marine resource research vessels— between January and July. The 133 ships total 2,531,511 compensated gross tons.