Yards are forced to make cost savings
Article Abstract:
The Japanese shipbuilding industry's dominance over the international shipbuilding market is being threatened by the continued high value of the Japanese yen and strong competition from South Korean shipyards. Although Japanese shipbuilding groups do not consider such factors as immediate threats, they do admit that these issues need to be addressed as quickly as possible. The shipyards stress the importance of developing accurate data to determine the long-term demands for additional tonnage. Moreover, they note that shipbuilders should focus on reducing the building costs to attract more customers.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1995
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Seeking to specialize
Article Abstract:
South Korean shipbuilders are trying to increase their competitiveness by enhancing their production capacity in 1997. Companies like Samsung Heavy Industries, Hanjin Heavy Industries, Daewoo Heavy Industries, and Halla Heavy Engineering all want to increase their production capacities so as to reduce the backlog of ship orders. The companies all have production forecasts that are significantly higher than what their 1996 records show.
Publication Name: Motor Ship
Subject: Transportation industry
ISSN: 0027-2000
Year: 1997
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