Japan's shipbuilders win 10% more orders in October

Japan's shipbuilding companies recorded a 9.9% on-year rise in export orders for vessels last month to the equivalent of 431,550 gross tons (GT) in 12 ships, data released by the Japan Ship Exporters' Association (JSEA) on November 12 show. This marked the second consecutive month of growth and took the January-October order total in 174 vessels to 7.36 million GT, up 7.1% on year.

Also during October, the Japanese yards delivered 15 vessels in 801,109 GT, higher by 13.1% from October last year. This took January-October deliveries to 168 ships totalling 7.67 million GT, up by a smaller 4.1% from the first 10 months of last year, the JSEA numbers show. The latest order