Japan Ship Exporters' Association Statistics for New Export Ship Orders
October/ 2003(FY 2003 )OVERVIEWInOctober2003 , Japan received

34 export orders totalling

1,397,400 G/T.

Vessel Type
2 cargo ships
1 handysize bulk carrier
6 handymax bulk carrier
4 panamax bulk carriers
1 capesize bulk carrier
2 lumber carriers
1 coal carrier
4 aframax oil tankers
3 panamax oil tankers
1 chemical tanker
4 product tankers
1 VLCC
4 LPG carriers
Schedule Date
13.3 %FY 2003
4.1 %FY 2004
31.9 %FY 2005
46.6 %FY 2006
4.1 %FY 2007
Method of Payment
100 % in cash ( 37.4 % in yen and20.4 % through trading firms.

62.6 % in other foreign currencies).

*See attached file for further details.

Figures for FY2003( April, 2003 toDuring the period between April, 2003 andtotaling 15,872,127 G/T.
Schedule Date
3.1 %FY 200319.0 %FY 200435.0 %FY 2005
38.0 %FY 2006
4.9 %FY 2007

October, 2003 )October, 2003 ( FY 2003 ), Japan received 332 export orders(*over FY2007)

Method of Payment
100 % in cash ( 38.1 % in yen and17.4 % through trading firms.

61.9 % in other foreign currencies).

*These figures are official JSEA statistics and may be used as such.

New Export Orders Placed in October 2003 (FY 2003)
Based on Fiscal Year

Description
General Cargos
Bulk Carriers
Tankers
Combined Carriers
OthersTotal
FY 2002 / FY2003 (%)
In CGT

Apr 02 to Mar 03
No.
14251
71
00336

Apr 03 to Jun 03

G/TNo.
475,900
1110,746,210 143
3,886,550
38000015,108,660 192* 144.97,288,257

July 2003

G/T
No.
265,550
166,239,950
211,952,500
400008,458,000
41239.4
3,998,979

August 2003

G/TNo.
851,800
4905,800
11211,500
1100001,969,100
26
224.1
1,137,270

September 2003

G/TNo.
199,800
6667,600
20
1,177,437
13000
02,044,837
39
99.3
870,535

Figures for shipbulding orders of 500 G/T and over for export as steel vessels placed with JSEA members are covered.
*FY 2001/FY2002**Calender Year 2002/2003

October 2003

G/TNo.
248,400
2653,290
151,101,100
17000
02,002,790
34206.0
977,078

JSEA (November 2003)
Apr 03 to Oct 03
Jan 03 to Oct 03

G/TNo.
15,20039546,150 210
836,050830000
1,397,400 332
116.0
728,038

G/TNo.
1,580,750
439,012,790 282
5,278,587 10600
00
15,872,127 431
183.6
7,711,900

G/T
1,954,750
12,163,590
6,642,387
0020,760,727** 197.2
10,011,922

Export Ships Delivered in October 2003 (FY 2003)
Based on Fiscal Year

Description
General Cargos
Bulk Carriers
Tankers
Combined Carriers
OthersTotal
FY 2002 / FY2003 (%)
In CGT

Apr 02 to Mar 03
No.
311247201228

Apr 03 to Jun 03

G/TNo.
1,092,204
94,637,434
274,678,657
20
0021,188010,429,483
56* 94.7
5,277,721

July 2003

G/T
No.
328,4102
1,210,703
8878,650
600002,417,763
16
143.4
1,217,501

August 2003

G/T
No.
45,8290353,249
6467,771
100000866,849
16
115.5
373,372

G/T0202,492
357,23200559,724
60.7
305,428

September 2003
No.
4
10160030

October 2003

G/T
No.
130,7881474,746
91,277,699
900001,883,233
19211.4
836,417

Deliveries of new shipbuilding orders of 500 G/T and over for export as steel vessels placed with JSEA members are covered.
*FY 2001/FY2002**Calender Year 2002/2003

JSEA (November 2003)
Apr 03 to Oct 03
Jan 03 to Oct 03

G/T
No.
9,697
16340,524
60
549,25261
00
00899,473 13776.6
463,050

G/TNo.
514,724
25
2,581,714
98
3,530,604
92
0
0
0
0
6,627,042 215
122.2
3,195,768

G/T
784,417
4,058,360
5,359,190
0010,201,967** 112.6
4,957,153

Export Ship Orderbook(As of the end of October 2003)
JSEA (November 2003)
G/T - (CGT)No.
OrderbookEnd of March 2003 (FY 2002)

A523

New Orders (Apr 03 to October 03)

B

332

Delivered (Apr 03 to October 03)

C

△ 137

Adjustments

D

OrderbookEnd of October 2003 (A+B+C+D)

25,682,024(12,844,122)
15,872,127(7,711,900)△ 6,627,042(△ 3,195,768)△ 248,108(△ 140,857)

714

34,679,001(17,219,397)

Delivery schedule
FY 2003106

FY 2004

263

FY 2005

202

FY 2006128

FY 2007(*over FY2007)

15

4,790,140(2,606,901)
12,211,191(6,233,246)
9,920,020(4,765,480)
6,985,750(3,192,795)
771,900(420,975)