Japanese shipyards getting a boost from weaker yen
70% of contracts in US$, so strong yen can hit profitability
[TOKYO] Japanese shipbuilders should benefit from a weakening
of the yen against the dollar although orders have slipped by
more than a tenth so far this year, the Shipbuilders Association
of Japan said.
In January and February, Japanese shipyards won orders for 1.1
million compensated gross tonnes,
......
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