2. The Philippine Blue Economy
• The Philippine Shipbuilding industry is at
the center of the country’s blue economy
• The Philippines is currently ranked fourth
in the global value chain in shipbuilding
with $1,500,000,000.00 worth of
international seafaring ships.
4. Challenges of the Industry
• Workforce
• Lack of Local Material Manufacturers
• Lack of Local Subcontractors
• Compliance to International Standards of
Domestic Shipyard Facilities
• Lack of Cooperation and Leadership from
Support Environment
• Awareness
5. Prospects of the Industry
• Product Upgrading
• Establishment of Backward Linkages
• Shift to Ship Repair and Conversion
• Entry to Ship Breaking and Recycling
• Entry and End Market Upgrading
• Ship Design Upgrading
6. References:
• Department of Trade and Industry. (2017). Department
of Trade and Industry Policy Briefs Series No. 2017 – 08.
Department of Trade and Industry Philippines.
• Hossain, K. A., & Zakaria, N. M. G. (2017). A Study on
Global Shipbuilding Growth, Trend and Future Forecast.
Procedia engineering, 194, 247-253.
• Index Mundi. (2018). Philippines Coastline. Retrieved
from:https://www.indexmundi.com/philippines/coastline.
html
7. References:
• Lerche, M. (2015). $5 Billion Maritime Business in the
Philippines. Danish Export Association. Retrieved from:
https://www.dk-export.dk/nyt-og-presse/nyheder/$5-
billion-maritime-business-in-the-philippines/
• MARINA. (2015). MARITIME ASSOCIATION
SHIPBUILDING AND SHIP REPAIR (SBSR) SECTOR.
Maritime Industry Authority. Republic of the Philippines.
Retrieved from:
http://marina.gov.ph:8080/directory/maritime_%20associ
ations/sbsrsector_association.pdf
• Mendoza, R. U., & Valenzuela, S. (2017). Growing the
Philippine Blue Economy:Policy Challenges and
Opportunities.
8. References:
• Orillaneda, B. C. (2016). Maritime trade in the Philippines
During the 15th century CE. Moussons. Recherche en
sciences humaines sur l’Asie du Sud-Est, (27), 83-100.
• Pimentel, B. (2017). The Philippine shipbuilding
challenge. The Manila Times. The Manila Times College.
Retrieved from: https://www.manilatimes.net/philippine-
shipbuilding-challenge/348153/
• Sharp Minds Content. (2018). PH shipbuilding, repair
sector: Why is it thriving?. The Manila Time College. The
Manila Times. Retrieved from:
https://www.manilatimes.net/ph-shipbuilding-repair-
sector-why-is-it-thriving/388682/
9. References:
• Stacey Frederick and Lukas Brun. (2017). The Philippines
in the Shipbuilding Global Value Chain. Duke University
Center on Globalization, Governance, and
Competitiveness. Durham, North Carolina, United States
of America.
• World Bank Group. (2018). Labor Force, Total. World
Bank Group. Retrieved from:
https://data.worldbank.org/indicator/SL.TLF.TOTL.IN