Japan's rise in shipbuilding orders dwarfed by Asian rivals

Protest mulled as South Korean, Chinese companies get state aid

116N_Imabari Shipbuilding

While Japanese shipbuilders see a rebound in orders, their Chinese and South Korean rivals are netting larger shares.

HIDEKI HAYASHI, Nikkei staff writer

TOKYO -- A rebound continues for Japanese shipbuilders as new-order capacity rose on the year for a 10th straight month in October, but these manufacturers are firing volleys at heftier rivals in South Korea and China whom they say receive unfair government assistance.

The Japanese companies booked new orders for 22 vessels last month totaling 890,300 gross tons of capacity -- up sevenfold from October 2016, the Japan Ship Exporters' Association said Wednesday. The vessels are bulk carriers for transporting resources, grains and other goods.

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