Challenge, Response & Opportunity:Challenge, Response & Opportunity:
Evolution of World Shipbuilding Evolution of World Shipbuilding IndustryIndustry
OECD WP6 WorkshopOECD WP6 Workshop44--5 December 20085 December 2008
The Korea Shipbuilders’ AssociationThe Korea Shipbuilders’ Associationwww. koshipa.or.krwww. koshipa.or.kr
Change of Shipbuilding Market Size
Shipbuilding Market ; More Openness
Emerging of New Ship Market
Innovation of Ship Construction
2. Changing Structure of World Shipbuilding2. Changing Structure of World Shipbuilding
Innovation of Ship Construction
Rapid Tech. Transfer & Labor Movement
Increasing Challenge ; Safety & Environment
Challenge and Future Shipbuilding Market
Change of Shipbuilding Market Size ;World Economy & Seaborn TradeWorld Economy & Seaborn Trade
Source : IMF
Global Seaborn Trade since 1968
20000
25000
30000
35000
Oth. Cargo est.GrainCoalIron oreOil productsCrude oil
0
5000
10000
15000
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
40,000
50,000
60,000
Thou.GT
Change of Shipbuilding Market Size ;Trends of New Orders since 1952Trends of New Orders since 1952
-
10,000
20,000
30,000
1952 1957 1962 1967 1972 1977 1982 1987 1992 1997 2002 2007
Korea Japan Europe China Others
Source : Lloyd’s RegisterSource : Lloyd’s Register
30,000
35,000
40,000
45,000
50,000
55,000
OTHERS
CHINA
EUROPE
S. KOREA
JAPAN
'000 GT
Source : Lloyd's
Completions Trends in 1926~2006Completions Trends in 1926~2006
0
5,000
10,000
15,000
20,000
25,000
30,000
19
26
19
28
19
30
19
32
19
34
19
36
19
38
19
40
19
42
19
44
19
46
19
48
19
50
19
52
19
54
19
56
19
58
19
60
19
62
19
64
19
66
19
68
19
70
19
72
19
74
19
76
19
78
19
80
19
82
19
84
19
86
19
88
19
90
19
92
19
94
19
96
19
98
20
00
20
02
20
04
20
06
JAPAN
Shipbuilding Market ; More Openness
~ The 2nd WW ;
Shipbuilding=National Market
(Public Sector)
Since 1990 & 2000
Foreign Investment
Since 1950
Privatization & Tech. Transfer
Factors Driving Foreign Investment
Government Support
Lower Production CostsAvailability of Infrastructure
Skilled Labor forces
Transition of Technology
Outsourcing of ship blocs
Outsourcing, Tech. Transfer
Strategic Alliances
Investment, Acquisitions
Joint Ventures, Mergers
Foreign Investments in N.E Asia
China
(Daewoo, Samsung, STX, Kawasaki,
Tsuneishi, Imabari, R ffl t )
Aker (STX)
Vietnam (Mipo)Philippines
(Hanjin, Tsuneishi)
Raffles, etc.)
Emerging of New Ship MarketNeeds for New Concept & TechnologyNeeds for New Concept & Technology
Ultra-Large ContainerUltra-Large Container LNG ShipLNG Ship Clean EnergyIncreasing Volume Ultra-Large ContainerUltra-Large Container LNG ShipLNG Ship
Drill ShipDrill Ship Ice-Class ShipIce-Class Ship Open of North pole
Clean nergy
Higher Oil Price
Panama Canal
6.00
8.00
10.00
12.00
14.00M.GT
15.00
20.00
25.00
30.00U$ Bill.
DeliveryInvestment
Delivery for UltraDelivery for Ultra--Large ContainershipLarge Containership
0.00
2.00
4.00
6.00
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
0.00
5.00
10.00
15.00
Source : Clarkson, 8,000 TEU +
Innovation of Ship Construction
Rivet Ship Construction(~1940s)
Welding Ship Construction
Building Dock Ship Construction
On-Land Ship Construction
Ship is build on land, then loaded out on a semi-submersible barge by using air pad and skid.
Rapid Tech. Transfer & Labor Movement
E. Europe
W Europe
N.E Asia
W.Europe
S.E Asia
Tech. Transfer Future Tech. Transfer
Labor Movement