Growth perspectives for the Europe’s shipbuilding industry in the context of world economy trends and competition from Asian shipyards’
Journal Title: Biuletyn Instytutu Morskiego - Year 2018, Vol 33, Issue 1
Abstract
This paper aims at analyzing the Polish as well as the European commercial shipbuilding industry in the context of Asian shipyards competition, particularly its growth, trend, and future forecast. Shipbuilding growth has been analyzed based on data concerning the shipbuilding market segment, order book, countries share, government’s policies etc. The first part contains a brief analysis of main trends in the world shipbuilding that have an impact on the shipbuilding environment in Europe. The second part highlights European aspects of shipbuilding in the context of Asian shipbuilders domination. The key factors that drive the growth of the shipbuilding market have also been considered. The third part examine the prerequisites of shipbuilding sector future development in the Baltic Sea basin and in particular in Poland. It is revealed that the shipbuilding industry in Poland and the Baltic Sea basin has limited opportunities for significant expansion. Most formerly renown shipyards based its current activity on supplying hulls and blocks to main producers of passenger ships or offshore units. As a highly capital-intensive industry, the shipbuilding sector needs strong government support and political stability in order to remain on the market and tackle the competition of Asian shipbuilding giants.<br/><br/>
Authors and Affiliations
Urszula Kowalczyk
Keywords
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- EP ID EP423007
- DOI 10.5604/01.3001.0012.8065
- Views 67
- Downloads 0
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