Determined Japanese Plan For Long-Term

Sunflower Kurenai, Japanese ferry with LNG dual-fuel propulsion

While the merchant vessel order intake by Japanese yards for 2021 was, at around 16.3m dwt, on a par with that of the preceding year, the indications at this early stage of 2023 are that 2022 brought a pronounced decline in new contract volume, aggravated by a much reduced flow of new bulker contracts.

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