Shipbuilding Case Study

3122 Words7 Pages
bulb-icon

Recommended: Maritime industry importance

Greece is located in Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey. The country’s terrain is mostly mountains with ranges extending into the sea as peninsulas or chains of islands. Greece is clearly a peninsular country, possessing an archipelago of about 2,000 islands.
2.2 Status of Greece in international maritime market
In 21st century, Greece is a worldwide leading power in shipping industry as it accounts for more than 3600 ships with 218,000,000 DWT (ships over 1,000 gt), covering 16.5% of world transportation needs, correspond to about 40 billion US $. Greek ship owners are in leading position as they owned 8.5% of global fleet in which 24.1% and 20.4% represent to tanker …show more content…

Shipbuilding is a globalized, technology-based, and capital intensive industry (Figure 8 and 9). This industry is unique in terms of selling as it is solid prior to making and tailored as per the requirement of owner. shipyards, owned by: Central Government (6), State Governments (2), public listed private shipyards (3), and privately held (around 22) shipyards. However, the major share of the present ship-building capacity in India is held by eight public sector yards, with Cochin Shipyard Limited and Hindustan Shipyard Limited having capacity and infrastructure to build vessels of 1.1 lakh DWT, and 80,000 DWT, respectively. Indian also have the capacity to build advance ships like LNG carriers. In 2009, Indian shipyards had an order book of close to 260 ships constituting 1% share in terms of GT, and 2.8% share in terms of number of bookings while China was on top with largest number of bookings of 3523 ships. Although India occupies a small percentage of the global shipbuilding market, the Indian shipbuilding industry is well positioned for growth. According to a study by the Indian Shipbuilders Association, the industry can grow at a rate of more than 30%, and this rate of growth could be achieved through supportive measures by the Government, including incentives for

Show More
Related

  • Australian Industry and Manufacturing : The Collins Class Submarine Program

    1997 Words  | 4 Pages

    The program to design and construct the Collins Class Submarine has become one of the most complex and expensive Defence procurement programs in history. It was devised to replace the existing Oberon submarine fleet. The Collins Class Submarine program demonstrated the capacity of Australian industry to manufacture a world-class submarine. Nonetheless, the procurement of the Collins Class Submarines has not been without criticism. The program has experienced various project management issues that ultimately lead to increased costs and time delays. This report will address these issues along with traditional Key Performance Indicators (KPIs) and non-traditional KPIs and their interrelationships.

    Read More

  • The Shipbuilder

    564 Words  | 2 Pages

    There are many instances in Ken Mitchell's play The Shipbuilder, where the main character Jaanus Karkulainen, insists on being called by his Finnish name Karkulainen. In the play, many characters call him Johnny Crook. This situation creates controversy about names and shows how important names are to some people. Jaanus and Jukka create most of this controversy.

    Read More

  • Naval Technology: 1450-1750

    520 Words  | 2 Pages

    The Early Modern Era saw great change in the field of naval technology. Exploration and the desire to expand trade fueled the development of new, more effective naval vessels. These vessels, in turn, contributed to the growth of worldwide trade and interconnection that marked the period.

    Read More

  • Saint John Shipbuilding

    1103 Words  | 3 Pages

    Moving into the 1860s, there was a notable difference in the price of a ship build in Saint John in relation to those build in other, smaller, ports in New Brunswick; although, Saint John ships continued to reign supreme. The reason for this differentiation in price is the expense associated with building in Saint John. On the North shore, shipbuilders were able to make sure of the large quantity of pitch pine timber and plank necessary for ships construction – as hardwood was abundant and therefore used to build ships at a lesser cost. This did not stop Saint John shipbuilders, since their reputation was second to none, as “the fame of this port city continued to grow.” Though, must be said “the shipbuilding business of New Brunswick during 1861, may be said to have moderately remunerative, although not by any means inflated or speculative. The quantity built was not large as compared with former years, and but few, if any, of the new vessels have been forced on the market or sacrificed.” There was still a demand for wood-built ships, as many believed that as long as they had a way into the foreign markets they could undoubtedly continue to compete with any country. As it is known today, most Saint John shipbuilder’s long-term dreams of growth and prosperity would not be achieved, though at the time all builders would have done anything humanly possible to protect their craft. Shipbuilding in 1862 was far greater than it had been from 1825 to 1830, as previously noted, the ships and their size were comparatively smaller and much less valuable in compression to 1862. The Customs House return for the year, 1862, notes the quality of ships built in Nova Scotia carried 23,634 tons cumulatively, while Prince Edward Island held on...

    Read More

  • Athens And Sparta Compare And Contrast

    492 Words  | 1 Pages

    Athens is located on a rocky hill in eastern Greece and is north of Sparta. Though, the two were close in geographic ways, they were not close in relationships or customs. The two city-states had different governments from each other. Sparta had an oligarchy government, where two kings were in command of armies. They also had a council that acted like judges and proposed laws.

    Read More

  • The Film Alexander by Oliver Stone

    1151 Words  | 3 Pages

    Both Gaugamela and Babylon are identified as being in Persia, rather than in Assyria and Babylonia. While both places were part of the Persian Empire, it doesn’t make sense to identify them as being Persian. And one of Aristotle’s maps shows “Greece” as spread across the southern Balkans incorporating what today would include Greece, but also Albania, Bulgaria, and sections of former Yugoslavia. These regions had never been considered as part of “Greece” in ancient times. In the end it is not as important to include everything because then the movie would be too long for a viewer. What is important is to insure that what is included is historically accurate within the bounds of reason.

    Read More

  • Ancient Greek Culture Essay

    486 Words  | 1 Pages

    The southernmost tip of Greece reaches into the Mediterranean Sea. Mountains cover nearly ¾’s of mainland Greece. It is surrounded by about 2,000 islands. Greece has a dry climate and poor soil farmers planted crops well suited for barley, wheat, olives, and grapes. The sea is especially powerful during the winter when the winds are high and the seas are rough. . Ancient Greece existed over 2000 years ago. It was made up of a collection of similar city-states such as Athens, Sparta, Olympia and Corinth. They each had their own laws and rulers. The city-state Polis became central to the development of classical civilization in Greece. By 750 B.C., the polis became the focus of Greek life. The polis was a town that served as the center of the polis where people could meet for political, social, and religious activities. The central meeting place in the polis was usually a hill. At the top of the hill was a fortified area called an Acropolis that served as both a fortress and religious center? Below the Acropolis was an open area that served both as a place where people could assemble and as a market. Cities varied greatly in size a population. Athens had a population of more than 300,000 by the fifth century B.C., but most cities were much smaller, consisting of only a few hundred to several thousand people. The polis was a community of people who shared a common identity and common goals. As a

    Read More

  • The Culture and Geography of Greece

    1750 Words  | 4 Pages

    As mentioned earlier Greece is a very geographically complex country. Greece is surrounded by Albania, Bulgaria, Turkey and the republic of Macedonia. These are all North of Greece’s Mainland to varying degrees. With Albania to the northwest, the Republic of Macedonia and Bulgaria to the straight north and Turkey to the northeast. The Rhodope and Pindus mountains cause Greece to form natural barriers with its neighbors. To the west it borders the Ionian sea, to the east the Aegean sea.Greece is also located at the Southern end of the balkan Peninsula , which causes the southern portion of the country to stick out in...

    Read More

  • Saint John Shipbuilding

    1706 Words  | 4 Pages

    The demand for ships was just beginning when Troop began to build his fleet, as two were later acquired in the 1840s and a subsequent eight in the 1850s (Spicer THE AGE OF SAIL 90). These ships varied in size, ranging anywhere from 300 tons to 1200 tons depending on their make. The Troops development helped to create and support the Golden Age of Shipbuilding as “the demand for ships [was] said to be greater than [had] ever been known to [the] builders” (Spicer THE AGE OF SAIL 91) of the time. The fleet was developing at a time where they could capitalize at the expense of others. One of the reasons for the high growth rates was the decline in the American fleet in the 1860s and 1870s and resulting in opportunities for Canadian vessels in American export trades (Sager and Fisher 27) as a result of the Crimean and American Civil wars.

    Read More

  • Case Study Of Meli Marine

    1020 Words  | 3 Pages

    This report provides an analysis and recommendation of current issues faced by Singapore-based Meli Marine, a leading container shipping company in the intra-Asian market, weather gain a presence in the Asia-North America trade routes through an acquisition of 16 vessels of Teeh-Sah Holdings. On the surface, this opportunity would expands Meli’s business and diversify it’s operations and provide a protect function against a downturn in intra-Asian market. But, this oppotunity will bring Meli lots of economic risks. It would return Meli to its former less flexible model with owning vessels also. I recommend that Meli giving up this opportunity and keeping going current excellent customer service then gradually into TransPacific

    Read More

  • The Geography of Greece

    1964 Words  | 4 Pages

    The country of Greece, also known as the Hellenic Republic, is called Hellas or Ellada by natives. This Mediterranean country in southeast Europe is approximately 50, 942 sq. miles and contains about 9,000 miles of coastline which includes the islands of the country. While the total number of islands is not concrete due to discrepancies over the qualifications to count each body of land surrounded by water as an island, the number of inhabited islands is 227. Greece has many interesting geographical features, such as its overall mountainous landscape which makes up 80% of the country, with its highest point, and possibly most famous geographical feature being Mount Olympus which reaches 9,570 ft. (2917 meters). The country of Greece ranges in absolute location with its northern-most occurring at N 41° 44' 33’’ and its southern-most point at N 34° 32' 33” on the island of Cyprus. The Cyprus also hold the most eastward point of the country at E 34° 38' 3” while its most western point is at E 20° 20' 30”. Greece is bordered by the countries of Albania, Macedonia, Bulgaria and Turkey. Likew...

    Read More

  • Challenges and Capacity Forecast in the Logistic Industry

    753 Words  | 2 Pages

    In logistic industry, they have been through lots of challenge in worldwide market. As the containerization of the global economy scopes, a phase of development and explanation, ports find themselves inserted in ever changing commercial environment where logistics is the forefront. Thus, this industry reaches a phase of maturity and rationalization due to the process of logistic on land.

    Read More

  • Maritime Security Case Study

    815 Words  | 2 Pages

    Currently, International system is focusing on issues related with maritime security. Maritime security coxncern with threats that prevail in the maritime domain (Klein 2011; Kraska and Pedrozo 2013; Roach 2004; Vrey 2010, 2013). These threats include interstate-dispute, terrorism, piracy, drugs trafficking, people and illicit foods, arms proliferation, illegal fishing, environmental crimes, as well as accidents and disaster which happen in maritime domain. Thus, generally, maritime security can be defined as the absence of those threats. Meanwhile, there is an argument that inter-states dispute should be categorized as national security instead of maritime security. Thus, there is another definition of maritime security which define maritime security as good or stable order at sea (Till 2004; Vrey 2010; Kraska and Pedrozo 2013: 1). The definition of maritime security from one to another is different as the scope of maritime security is broad and each actor has different point of view on the issue. There is no universal legal definition about maritime security. The United Nation itself only

    Read More

  • Essay On Greek Food

    636 Words  | 2 Pages

    There are many Greek foods that are very good and delightful to eat. There are many things to learn about this country. Like the daily eating patterns, the food customs, the table set up, and more! Learning about Greece can be very educational and fun at the same time.

    Read More

  • Greece: A Natural Beauty

    1156 Words  | 3 Pages

    Greece is a beautiful country located in southern Europe. It is surrounded by neighboring countries such as Bulgaria, Macedonia, Albania, and Turkey. It mainly consists of a peninsula known as the Peloponnese. The country is north of the Mediterranean Sea, east of the Ionian Sea, and bordered by the Aegean Sea on the east. It is the most mountainous country in the continent.. About 80% of Greece is mountains. The Pindus Mountains is a mountain chain across the center of the country. The highest peak in theses mountains is 2637 meters high. A very significant city in Greece is Sparta, a city-state in ancients times, located in the Laconia region in the south-eastern Peloponnese on the Evrotas River. To the north, Laconia is separated from Arcadia by hilly uplands. Greece’s climate is divided into 3 classes; Mediterranean climate, alpine climate, and temperate climate. Mediterranean climate consists of mild, wet winters, and hot, dry summers. Alpine climate is the average weather for a region above tree line, like in the west. In central and eastern Macedonia, the climate is temperate. Temperate climate is similar to mediterranean, but with cold, damp winters, and hot, dry summers (2).

    Read More

More about Shipbuilding Case Study

Open Document