Japan Shipbuilding Contracts Soar

Wednesday, January 17, 2001
Ship export contracts concluded by Japanese shipyards in December surged 148.2 percent from a year earlier to 1,657,340 grt or 29 vessels, the Japan Ship Exporters' Association said. Orders consisted of 15 oil tankers, 13 bulk carriers and one freighter, it said. The statistics cover orders received by association members for steel vessels of at least 500 grt. For the whole of calendar 2000, ship export contracts rose to 14,561,340 grt or 301 vessels, up 66.7 percent from the previous year, the association said. An official of the industry body attributed the sharp gains for December and for the year to an increase in oil demand, particularly from China, and firming freight rates in line with higher crude oil prices. Major Japanese shipbuilders include Mitsubishi Heavy Industries Ltd., Ishikawajima-Harima Heavy Industries Co. Ltd., Mitsui Engineering & Shipbuilding, Hitachi Zosen and Kawasaki Heavy Industries Ltd. - (Reuters)
Maritime Reporter October 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Traders Eye Floating Diesel Storage in Atlantic

Europe diesel stocks reach fresh record high; huge imports from Asia, Middle East weigh on supplies. Oil traders are preparing to store diesel in giant tankers

Shell Want Shipper Guarantees on Nigerian Crude Exports

Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a "letter of comfort" (LoC) to guarantee it is not stolen, according to an email from the company seen by Reuters.

Volvo Penta Doubles Service Interval

Volvo Penta today announced a new extended service interval for its commercial marine diesel engines.   Under the new program, owners can double the maximum oil change interval to 1,

Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1377 sec (7 req/sec)