Less Now, Less Tomorrow as Global Shipbuilding Conditions Slip — Panjiva
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Less Now, Less Tomorrow as Global Shipbuilding Conditions Slip

China 1758 Japan 381 Mode - Seaborne 1273 Theme - Shipbuilding 79 U.S. 3297

Conditions in the global shipbuilding industry – a bellwether for the logistics industry’s outlook – provided a regionally mixed picture in August. New orders received by Chinese shipyards were just half of new builds with the remaining orderbook for vessels falling to the lowest since December, indicating a potential lack of confidence in future demand growth. Export deliveries climbed 11% in the past three months though alongside a 9% rally in shipments from Japan. Data from South Korea provides the reverse picture though with a 78% slump in deliveries resulting a global de...

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