Japan ship orders

Of course it is in freefall.

Japan Ship Orders Sink 37 Percent

Japanese export ship orders sank for the 13th consecutive month in October on a year-on-year basis, tumbling 37.3 percent to 358,300 gross tons, according to figures released by the Japan Ship Exporters' Association on Tuesday.
...
In October, Japanese shipbuilders received orders for five export ships -- three bulk carriers totaling 92,100 gross tons, one general cargo vessel of 105,900 gross tons and one oil tanker of 160,300 gross tons. The five ships total 141,140 compensated gross tons.

Now we compare the yoy drop to the second month of decline.
It will be easy soon to show improvement.