MHI Shipbuilding Orders Up in Past Quarter

July 31, 2012

MHI announces outline of FY 2012 first 3-month financial results
 ended June 30, 2012 (consolidated).

Highlights from the financial report follow:

Orders received ⇒ Down ¥128.9 billion: Year on Year (YOY) (¥621.3 bn → ¥492.4 bn)

Overall, orders declined from a year ago, reflecting decreases in Power Systems and Machinery & Steel Infrastructure Systems, where orders were strong in the previous fiscal year.

Shipbuilding & Ocean Development Segment

Orders received : Up ¥10.7 billion YoY, although the orders environment for new commercial ships remained difficult, orders increased from a year ago, thanks to the order for a new-type LNG carrier.

Backlog of ship orders: 32 (6 LNG carriers, 3 LPG carriers, 2 cruise ships, 2 pure car carriers, 2 container ships, 2 ferries, 2 seismic vessels and others.

MHI delivered a total of 9 vessels in the quarter, including 3 ferries, 2 pure car carriers, 2 patrol vessels, 1 roll-on/roll-off vessel and 1 ore carrier.

 

 

Logistics News

Explosion at Rotterdam Port Energy Facility Kills One

Explosion at Rotterdam Port Energy Facility Kills One

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

EU Wheat Pares Gains As Ukraine Proposes Black Sea Truce

CK Hutchison Earnings Hit by Halted Panama Port Operations

CK Hutchison Earnings Hit by Halted Panama Port Operations

DP World Reports $12.7b Revenue in H1 2026

DP World Reports $12.7b Revenue in H1 2026

Subscribe for Maritime Logistics Professional E‑News

Source: Ukraine offers Russia a truce on the Black Sea in response to growing food shortage fears
German police confirm that investigation of suspected explosive device found on rail tracks is underway
European shares edge up as lower crude offsets the geopolitical uncertainty