Japanese shipbuilders saw newbuilding export orders increase slightly in October, latest industry figures show.

Orders were reported for 14 ships of 854,100-gt, down 4% year-on-year and up nearly 28% from September, Japan Ship Exporters Association (JSEA) data showed

October’s orders were dominated by bulkers, which made up 10 of the ships ordered including two panamaxes, five handymaxes, a single handysize bulker, one coal carrier and an ore carrier.