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BUILDING IN KOREA
GROUP MEMBER
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PRODUCTION
Ulsan Shipyard
Started 1974.
Ship produce:
Bulk Carriers
Container Ships
Tankers
LPG
etc
Geoje Shipyard
Ship Produce:
LNG Carriers
Drillship
Container Ship
LNG-FPSO
Tanker
VLCC
Offshore Rig
Daewoo Shipyard
Ship produce:
LNG Carriers
LPG Carriers
Tankers
Full Containerships
Ferries
Fixed Platform
COSTING
MARKET
Present day
LOCATION
Korea is surrounded by 3 seas, it has a favorable natural coastline with large
estuaries and major river systems which lead themselves to the development of
offshore marine and shipbuilding.
TECHNOLOGY
Design Technology
3D modelling
Document Management
Building Technology
Pipe Fabrication
Process Technology
Others Technology
Robotic Arm:
Towing Tank:
A variety of model test is being carried out in the towing tank, which
includes: resistance, self propulsion, propeller open water,
manoeuvring, and seakeeping test, flow visualization, and local flow
measurement etc.
Cavitation Tunnel
PRODUCTIVITY
Labour Productivity
From the chart above, we can see that, japan has the highest
value of labour.
Comparison between japan and Korea that we can see is, Korea
has got the highest gross value of profit but higher number of
labour force has decreased its productivity figures.
Productivity of Investment
Hyundai Heavy's share price has doubled to $116 in the past year,
and analyst Cho Young Jun, who follows the industry for Shin Young
Securities in Seoul, says there's still room for the stock to gain another
50% by the end of this year at the world's No. 1 shipbuilding
company.
"Korean shipyards have their profits locked in until 2009," says Cho.
Productivity of Planning
Needs of other industries : LNG FPSO (No need for fixed platform,
subsea pipe lines, and onshore plant), Offshore Wind Turbine
Installation Vessel.
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