Metal Industry
Japan's May new ship orders down 32%, backlogs remain high
Source: | Author:pmoba547c | Published time: 2022-06-21 | 643 Views | 🔊 Click to read aloud ❚❚ | Share:

In May, Japan's new ship orders from both home and abroad decline by 31.6% on year to about 1.18 million gross tonnes (GT) or in 20 vessels, according to the latest data released by Japan Ship Exporters' Association (JSEA). Although the backlogs held by Japanese shipbuilders were higher.