Japanese Shipbuilders’ Orders Plunge 70% In October 2024

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The Japan Ship Exporters Association (JSEA) has released the latest data on Japanese shipbuilders’ orders for October 2024, reports en.portnews.ru.

Delivery

Japanese shipbuilders took delivery of a total of 16 ships of 697,400 GT last month, down 70.9% from the 16 ships of 971,040 GT in the same period in 2023.

The 16 new ship orders received by Japanese shipbuilders in October included three cargo ships (two general cargo ships and one car carrier) with a total capacity of 128,000 GT, 10 bulk carriers (three Handysize, four Large Handysize and three Capesize) with a total capacity of 506,300 GT and three chemical tankers with a total capacity of 53,100 GT.

In the first 10 months of this year, Japanese shipbuilders received orders for 226 ships with a total capacity of 10,010,710 GT, up 2.4% from a year earlier. The ordered ships included 24 cargo ships with a total capacity of 1,121,490 GT, 177 bulk carriers with a total capacity of 7,805,830 GT and 25 liquid bulk carriers with a total capacity of 1,083,390 GT.

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Source: en.portnews