Tag: Japan’s shipbuilders see third straight year of decline in 2023

Despite a 36.5% on-month jump in orders in December, Japan’s major shipbuilders still ended 2023 with another on-year decline in total orders at 272 vessels, equivalent to 11,994,917 gross tons (GT), new statistics released by the Japan Ship Exporters’ Association (JSEA) show. This compares with total orders of 294 vessels in 2022 (equivalent to 13,204,400…