Japan Ship Exports Up 69%

Ship export contracts concluded by Japanese shipyards in June rose 68.8 percent from a year earlier to about 1.36 million grt, or 27 vessels, the Japan Ship Exporters Association said. Of the 27, three were freighters, 10 were bulk carriers and 14 were oil tankers, the association said. The monthly data cover orders received by association members for steel vessels of at least 500 grt.