The number of orders received by Japanese shipyards fell in July to the lowest level in seven years.-Shanghai Metals Market

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The number of orders received by Japanese shipyards fell in July to the lowest level in seven years.

Translation 05:03:52PM Aug 13, 2019 Source:International ship network
The content below was translated by Tencent automatically for reference.

SMM News: August 8, the Japanese ship exporters Association (JSEA) released the latest data on the number of orders received by Japanese shipping enterprises in July. In July, the total number of orders received by Japanese shipyards fell 5 per cent from a year earlier to 560000 GT,. At the same time, handheld orders have fallen to their lowest level since July 2002.

JSEA believes that Sino-US trade disputes, rising tensions in the Middle East around the Strait of Hormuz and other elements of international instability have had a negative impact on the shipbuilding industry, and the appreciation of the yen has also made it more difficult to negotiate orders for export ships. Against this backdrop, the number of orders received by Japanese shipyards and hand-held orders fell in July.

In July, Japanese shipyards received a total of 16 orders, including 15 bulk carriers and 1 oil tanker, according to JSEA. Among them, 15 bulk carriers are 6 convenient bulk carriers, 4 large convenient bulk carriers, 3 Panamanian bulk carriers, 1 Cape of good Hope bulk carrier and 1 wood chip carrier, a total of 535400 GT;, in addition to 1 21326 GT chemical carrier.

Since fiscal year 2019 (April-July), Japanese shipyards have received 61 new ship orders, up 18.3 per cent from a year earlier at 2.55 million GT,. In the first seven months of this year, Japanese shipyards received a total of 116 GT, up 5.9 per cent from a year earlier.

By the end of July 2019, Japanese shipyards had 471 handheld orders and the delivery period of 22.78 million GT, lasted until fiscal year 2022 (April 2022 to March 2023). Compared with the handheld orders at the end of June, the figure at the end of July was about 590000 GT, compared with 501 handheld orders and 25.53 million GT orders in the same period last year. The number of handheld orders from Japanese shipyards has fallen for four months in a row.

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Key Words:  Japan  shipping companies  orders  falling 

The number of orders received by Japanese shipyards fell in July to the lowest level in seven years.

Translation 05:03:52PM Aug 13, 2019 Source:International ship network
The content below was translated by Tencent automatically for reference.

SMM News: August 8, the Japanese ship exporters Association (JSEA) released the latest data on the number of orders received by Japanese shipping enterprises in July. In July, the total number of orders received by Japanese shipyards fell 5 per cent from a year earlier to 560000 GT,. At the same time, handheld orders have fallen to their lowest level since July 2002.

JSEA believes that Sino-US trade disputes, rising tensions in the Middle East around the Strait of Hormuz and other elements of international instability have had a negative impact on the shipbuilding industry, and the appreciation of the yen has also made it more difficult to negotiate orders for export ships. Against this backdrop, the number of orders received by Japanese shipyards and hand-held orders fell in July.

In July, Japanese shipyards received a total of 16 orders, including 15 bulk carriers and 1 oil tanker, according to JSEA. Among them, 15 bulk carriers are 6 convenient bulk carriers, 4 large convenient bulk carriers, 3 Panamanian bulk carriers, 1 Cape of good Hope bulk carrier and 1 wood chip carrier, a total of 535400 GT;, in addition to 1 21326 GT chemical carrier.

Since fiscal year 2019 (April-July), Japanese shipyards have received 61 new ship orders, up 18.3 per cent from a year earlier at 2.55 million GT,. In the first seven months of this year, Japanese shipyards received a total of 116 GT, up 5.9 per cent from a year earlier.

By the end of July 2019, Japanese shipyards had 471 handheld orders and the delivery period of 22.78 million GT, lasted until fiscal year 2022 (April 2022 to March 2023). Compared with the handheld orders at the end of June, the figure at the end of July was about 590000 GT, compared with 501 handheld orders and 25.53 million GT orders in the same period last year. The number of handheld orders from Japanese shipyards has fallen for four months in a row.

Scan QR code and get the data package of iron and steel industry chain free of charge!

 

Key Words:  Japan  shipping companies  orders  falling