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Tag: Japan’s ship orders down 44% y-o-y in Sept

  • Japan’s ship orders down 44% y-o-y in Sept

    Japan’s ship orders down 44% y-o-y in Sept

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    In September, Japan’s new ship orders from both home and abroad slumped by 44.2% on year to 521,690 gross tonnes (GT) or in 16 vessels, according to the latest data released by Japan Ship Exporters’ Association (JSEA) on October 13. However, a JSEA official believed the drop was only temporary because demand for eco-friendly vessels…