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(1) Present state of transport activities
Although the coastal shipping activities for the fiscal year of 1973 progressed
favorably in the first half-year, further growth was suffered after the oil
shock in November, 1973 and in transported tonnage, it showed a mere increase
of 0.1% in comparison to the previous year and maintained a crablike course.
In transported ton-kilometers, it recorded a 6.7% increase over the preceding
year due to the sharp increase of transported volume of iron and steel andcement
which had comparatively longer hauling distances. The number of coastal vessels
at the end of fiscal 1973 is as shown in Table
II-(I)-4.
(2) Modernization of coastal vessels
As modernization of coastal vessels, the substitution building of super-annuated
and uneconomical vessels into modernized economical vessels and particularly,
the specializing of vessels for specific commodities is promoted. Besides, the
specializing of vessels for specific commodities in mass-transport of cement,
LPG, automobiles, etc., including oil tankers, the advancement of container
ships, roll-on and roll-off vessels in the general merchandise shipping field
are remarkable and at the end of fiscal 1973, the volume of fleet of vessels
for specific commodities occupied 66% of the total coastal volume of fleet gross
ton ratio.
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