Japanese export ship orders were up 111% year on year to 5,867,651 gross tonnes in the first five months of fiscal 2010, starting April 1, showing a rise for the ninth consecutive month, according to the Shipping Gazette.
The Gazette was citing a Journal of Commerce report. According to the report, figures released by the Japan Ship Exporters' Association showed gross tonnage in August was still 29.7% 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 tonnes.
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. – Source: Shipping Gazette