JES International Holdings, the major China shipbuilding group capable of producing different types of vessels, today says group revenue for the Jul-Sept 2009 (3Q09) financial period declined 27.5% to RMB 300 million in 3Q09 from RMB 413.7 in 3Q08, largely due to slower production progress and some delays in vessel deliveries.

Bulk carriers contributed 82.6% of revenue for 3Q09, in line with the group’s strategy for the existing yard, while oil tankers and container ships contributed the remaining 17.4%.