Analysis of Global Shipbuilding Market
Traveling through a ship, in the age of jet speed travel, is very slow, but when it comes to transporting commodities ships take the upper hand. The seaborne trade or maritime industry has always been preferred all over the globe. This is the reason that the maritime industry remains the largest transport sector. Shipping is the base for global trade, as it imports and exports the raw materials and finished goods between countries and continents.
The shipping industry for these reasons is a large industry. This industry involves huge capital, wide workforce and technology. The industry is a balance between all the three. The process of shipbuilding is also lengthy in terms of time taken and there are many other ancillary industries associated with shipbuilding as suppliers.
As the most of the global trade is through sea the shipping industry is mainly driven by the global economic growth. GDP growth is the main driving factor for this industry. Over the years the industry has shifted its base from the earlier dominating region Europe to Asia. Even within Asia there has been a tussle to gain the top position where South Korea claimed the top position leaving Japan and China behind, while China has also leaped ahead of Japan to become the second player. Moreover, the positions these countries have gained are not just within the Asian region but are on a global level.
The order books of global shipyards reflect the size of shipping industry. While currently the shipyards are sitting on huge order books to be delivered through the coming few years, the global meltdown has dented the demand for the same, as the scale of the global trade has not remained what it was just about a year ago.
This report primarily focuses on the shipbuilding industry. The global size of the industry is being discussed, with a focus on main regional markets in this industry. Apart from giving size of the regional markets, product-wise deliveries and market data is also given, with an emphasis on container market. Various trends in the industry as well as the drivers for this industry are also discussed. The competitive scenario in the industry is highlighted along with individual profiling of key players of this industry.
The shipping industry for these reasons is a large industry. This industry involves huge capital, wide workforce and technology. The industry is a balance between all the three. The process of shipbuilding is also lengthy in terms of time taken and there are many other ancillary industries associated with shipbuilding as suppliers.
As the most of the global trade is through sea the shipping industry is mainly driven by the global economic growth. GDP growth is the main driving factor for this industry. Over the years the industry has shifted its base from the earlier dominating region Europe to Asia. Even within Asia there has been a tussle to gain the top position where South Korea claimed the top position leaving Japan and China behind, while China has also leaped ahead of Japan to become the second player. Moreover, the positions these countries have gained are not just within the Asian region but are on a global level.
The order books of global shipyards reflect the size of shipping industry. While currently the shipyards are sitting on huge order books to be delivered through the coming few years, the global meltdown has dented the demand for the same, as the scale of the global trade has not remained what it was just about a year ago.
This report primarily focuses on the shipbuilding industry. The global size of the industry is being discussed, with a focus on main regional markets in this industry. Apart from giving size of the regional markets, product-wise deliveries and market data is also given, with an emphasis on container market. Various trends in the industry as well as the drivers for this industry are also discussed. The competitive scenario in the industry is highlighted along with individual profiling of key players of this industry.
1. OVERVIEW
1.1 Type of Ships
1.2 Shipbuilding Process
1.2.3 Ancillary Industries associated with Shipbuilding
2. MARKET SIZE
Shipbuilding Market by Region
Shipbuilding Market by Type of Vessels
Container Trade Growth
3. REGIONAL MARKETS
3.1 Asia – The Dominant Region
3.1.1 South Korea – Established Leader
3.1.2 China – Future leader
3.1.3 Japan – Down from Top
3.1.4 India – Emerging player
3.2 Europe – Lost Dominance to Asia
3.2.1 Eastern & Western Europe
4. MARKET BY SHIP TYPES
4.1 Container Carrier Market
4.2 Dry Bulk Carrier Market
4.3 Tanker Market
4.4 LNG Carrier Market
4.5 Chemical & Product Tanker Market
5. MARKET DYNAMICS
5.1 Key Trends
5.1.1 Shift towards Asia
5.1.2 Further Shifting of Transportation from Air to Sea
5.2 Growth Drivers
5.2.1 Scrapping of Single Hull Vessels
5.2.2 Ageing Fleet of Ships
6. COMPETITIVE SCENARIO
6.1 Top Global Shipyards
6.2 Profitability Comparison of Global Shipbuilders
7. CORPORATE PROFILES
7.1 Hyundai Heavy Industries
Overview
Business Strategies
Optimization of Business Structure
Development of Advanced Technologies
Efficient Production Systems
7.2 Samsung Heavy Industries
Overview
Business Strategies
Leader in Market Innovation
Becoming a World-leading Company
7.3 Daewoo Shipbuilding & Marine Engineering
Overview
Business Strategies
Competitiveness in Commercial Ships
F1 Strategy
7.4 ABG Shipyard Limited
Overview
Corporate Highlights
8. APPENDIX
8.1 Productivity of World Ship Fleet
8.2 Demand and Supply of World Shipping
8.3 Ranking of Ship Operators
LIST OF TABLES
Global Economic Growth (GDP) by Region (2005-08)
Container Trade Growth Rate Vs GDP Growth (2003-10E)
Growth Forecast of Global Activities & Container Trade (2007-10E)
Global Order Book Position (2007)
Region-wise Volume Growth of Merchandise Trade (2005-07)
Monthly Export Orders of Japanese Shipyards (2008)
Annual Growth of Demand & Supply in Container Shipping (2000-08E)
Shipbuilding Vs Repair, Cost Composition Comparison
Top Ten Global Shipyards (June 2008)
Profit Comparison of Global Shipbuilding Companies (2005-06)
Productivity of Tankers, Bulk Carriers & Residual Fleet (tons carried per DWT) (2006-07)
Productivity of Tankers, Bulk Carriers & Residual Fleet (thousands of ton-miles performed per DWT) (2006-07)
Cargo Carried & Ton-miles Performed per DWT of Worldwide Fleet (2006-07)
Tonnage Oversupply in Worldwide Merchant Fleet (2004-07)
Tonnage Surplus by Type of Vessels (2004-07)
Top Ten Ship Operators by TEU and Market Share (2007)
Global Economic Growth (GDP) by Region (2005-08)
Container Trade Growth Rate Vs GDP Growth (2003-10E)
Growth Forecast of Global Activities & Container Trade (2007-10E)
Global Order Book Position (2007)
Region-wise Volume Growth of Merchandise Trade (2005-07)
Monthly Export Orders of Japanese Shipyards (2008)
Annual Growth of Demand & Supply in Container Shipping (2000-08E)
Shipbuilding Vs Repair, Cost Composition Comparison
Top Ten Global Shipyards (June 2008)
Profit Comparison of Global Shipbuilding Companies (2005-06)
Productivity of Tankers, Bulk Carriers & Residual Fleet (tons carried per DWT) (2006-07)
Productivity of Tankers, Bulk Carriers & Residual Fleet (thousands of ton-miles performed per DWT) (2006-07)
Cargo Carried & Ton-miles Performed per DWT of Worldwide Fleet (2006-07)
Tonnage Oversupply in Worldwide Merchant Fleet (2004-07)
Tonnage Surplus by Type of Vessels (2004-07)
Top Ten Ship Operators by TEU and Market Share (2007)
LIST OF CHARTS
Shipbuilding Process Diagram
Interaction between Various Processes in Shipbuilding
Top International Shipbuilding Markets by Order Book Size (2007)
Global Order Book by Types of Vessels (2007)
Top Ten Owners Share of Various Ship Categories (2007)
Asian Order Book by Region (2007)
Korea’s New Shipbuilding Orders & Market Share (2007)
Growth in South Korea’s Order Book & Market Share (2000-06)
Growth in China’s Order Book & Market Share (2000-06)
Growth in Japan’s Order Book & Market Share (2000-06)
Japanese Export Ship Order by Ship Types (2008)
Japanese Export Ship Order by Ship Types (2007)
Growth in India’s Order Book (2002/07)
Composition of Indian Fleet by Ship Type (2007)
European Order Book by Region (2007)
Growth in Eastern & Western Europe’s Order Book & Market Share (2000-06)
Container Shipping Trade Routes Breakdown (2007)
Deliveries of Container Ships (2000-11E)
Deliveries of Bulk Carrier Ships (2000-11E)
Deliveries of Tanker Ships (2000-11E)
Deliveries of LNG Carrier Ships (2000-11E)
Deliveries of Chemical & Product Tanker Ships (2000-11E)
Shift of Shipbuilding Industry from Europe towards Asia
Cost Structure at Guangzhou Yard, China (2007)
Comparative Labor Cost of Major Asian Countries (2008)
Comparison of Sea & Air Cargo Industries (2007)
Demand Drivers for Shipbuilding Industry
Age Profile of Types of Vessels as Percentage of Total Fleet Size (2007)
Sales Growth of Hyundai Heavy Industries (2003-07)
Sales Growth of Samsung Heavy Industries (2003-07)
Sales Growth of DSME (2003-07)
Sales Growth of ABG Shipyard (2003-07)
Shipbuilding Process Diagram
Interaction between Various Processes in Shipbuilding
Top International Shipbuilding Markets by Order Book Size (2007)
Global Order Book by Types of Vessels (2007)
Top Ten Owners Share of Various Ship Categories (2007)
Asian Order Book by Region (2007)
Korea’s New Shipbuilding Orders & Market Share (2007)
Growth in South Korea’s Order Book & Market Share (2000-06)
Growth in China’s Order Book & Market Share (2000-06)
Growth in Japan’s Order Book & Market Share (2000-06)
Japanese Export Ship Order by Ship Types (2008)
Japanese Export Ship Order by Ship Types (2007)
Growth in India’s Order Book (2002/07)
Composition of Indian Fleet by Ship Type (2007)
European Order Book by Region (2007)
Growth in Eastern & Western Europe’s Order Book & Market Share (2000-06)
Container Shipping Trade Routes Breakdown (2007)
Deliveries of Container Ships (2000-11E)
Deliveries of Bulk Carrier Ships (2000-11E)
Deliveries of Tanker Ships (2000-11E)
Deliveries of LNG Carrier Ships (2000-11E)
Deliveries of Chemical & Product Tanker Ships (2000-11E)
Shift of Shipbuilding Industry from Europe towards Asia
Cost Structure at Guangzhou Yard, China (2007)
Comparative Labor Cost of Major Asian Countries (2008)
Comparison of Sea & Air Cargo Industries (2007)
Demand Drivers for Shipbuilding Industry
Age Profile of Types of Vessels as Percentage of Total Fleet Size (2007)
Sales Growth of Hyundai Heavy Industries (2003-07)
Sales Growth of Samsung Heavy Industries (2003-07)
Sales Growth of DSME (2003-07)
Sales Growth of ABG Shipyard (2003-07)
