Shipbuilders had a tough August, with deliveries of $4.3 billion in Japan, South Korea and China being the lowest since February. That was 12.1% lower than a year earlier, also marking the first reversal February. However, total deliveries in the past 12 months are still 9% higher than the prior period, and order bookings – especially in China from CMA-CGM and in South Korea from MSC – appear healthy.