Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Japan newbuilding orders fall

NEWBUILDING orders at Japanese shipyards fell 20.7% in 2008, the Japan Ship Exporters’ Association said. Total orders dropped to 8.8m gt after strong trading to the summer of 2008 dried up in the third quarter when the credit crisis reached Japan. By December, orders had come to a virtual standstill with just 127,400 gt recorded, 10% of the figure from a year earlier and the lowest level since February 2002. In the last month of 2008, just six ships were ordered: four bulk carriers, one pure car/truck carrier, and
one mid-size tanker. Only 10 bulk carriers were ordered in Japan in November 2008. Japan’s shipbuilders had a total order backlog of 1,392 vessels as of December 31.

Topics

UsernamePublicRestriction

Register

ID1131516

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel