Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5027121 | Procedia Engineering | 2017 | 7 Pages |
Abstract
This paper aims at briefly analyzing the global commercial shipbuilding particularly its growth, trend and future forecast. At first inherent characteristics of the global shipbuilding industries have been discussed. On the basis of the secondary data of shipbuilding market segment, order book, countries share etc, shipbuilding growth has been analyzed. It is revealed that shipbuilding industry has vast experiences in surviving during peaks and slumps of economy but due to its nature of being a highly capital intensive industry, strong government support and political stability is prerequisite to tackle this situation. The key factors that drive the growth of the shipbuilding market have also been discussed.
Keywords
Related Topics
Physical Sciences and Engineering
Engineering
Engineering (General)
Authors
Khandakar Akhter Hossain, N.M.G. Zakaria,