China in transition: recent changes have given new impetus to Chinese yards to improve productivity
Article Abstract:
The Chinese government's takeover of Hong Kong has prompted plans of privatising state run industries, particularly small and struggling firms. The announcement has made the country's shipbuilding industry opt to enhance efficiency and productivity to avoid being privatised. Shipyards are pushing for their consolidation into three big engineering groups: Dalian, Guangzhou and Shanghai. Factors such as the large number of workers in Chinese yards and the salary they receive as well as the benefits offered to retired workers make investors think twice before investing in them. Despite all these, China still remains to become the largest shipbuilder in the future.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1998
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Yards focus on expansion and R&D
Article Abstract:
Two of Finland's shipyards have invested on research and development along with recruiting additional personnel as part of their expansion plans. Aker Finnyards Oy has unveiled plans of doubling its production capacity and adding a new painting facility for handling volume sections. Aker's first phase expansion is valued at $5.36 million. Kvaerner Masa-Yards, on the other hand, has focused on product development. In particular, the shipyard is developing the double acting tanker along with the concept of an oblique icebreaker.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1998
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Yards increase capacity
Article Abstract:
Chinese shipyards are vigorously trying to increase their capacity and efficiency in line with the change in the country's political climate as well as the increasing competition offered by smaller non-CSSC yards. Although every shipyard is trying to increase efficiency, the planned consolidation of yards into heavy engineering groups may most likely profit. For instance, the merger of Dalian New and Dalian Shipyard, which has created a Dalian shipbuilding group, could provide limited savings.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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