The document is a report on the global shipbuilding market from Koncept Analytics. It provides an executive summary and overview of the key trends in the global shipbuilding industry. The industry has seen a shift from European dominance to increased roles for Asian countries like South Korea, Japan, and China. However, new orders and completions declined in the first half of 2016 due to oversupply. The report profiles the major players in the industry and provides an analysis of market trends, growth drivers, and challenges facing the shipbuilding market.

1. Industry Research by Koncept Analytics
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May 2017
Global Shipbuilding Market Report: 2017 Edition
Global Shipbuilding Market
Report: 2017 Edition

2. Executive Summary
2Global Shipbuilding Market Report: 2017 Edition
The shipbuilding industry is responsible for the design and construction of oceangoing vessels all around the
world. The shipbuilding industry is involved in the construction and modification of ships and these operations
are carried out in specialized facilities called shipyards. Shipbuilding process starts with inquiries from
customers, followed by completion of various processes until the vessel is completed. It takes at least 2 years
to complete the manufacturing of a ship.
The shipbuilding industry is marked by its global presence, with ships being built in industrialized regions such
as Japan, Europe, South Korea and China. The geographical distribution of new ship construction has shown
strong changes starting from the original dominance of Europe to an increased role for Asian countries such as
South Korea, Japan and China. At the demand side, purchases are still dominated by European buyers in many
segments.
The major factors that contribute in the growth of the industry include global seaborne trade, growing
urbanization, accelerating economic development, rise in crude steel production and growing demand of eco-
friendly ships. The key trends observed within the industry include introduction of shipbuilding robotics, ship
launching air bags, rising demand of LNG fueled engines and green shipbuilding technology. However, the
industry is also witnessing many hindrances including risk of cyber breaches, write-downs on existing backlogs
and environmental regulations.
The report “Global Shipbuilding Market” provides in-depth analysis of the shipbuilding market on a global scale
with detailed information regarding the key regional markets which includes South Korea, China and Japan. The
major trends, growth drivers as well as issues being faced by the industry are being presented in this report.
The four major players in the industry, Hyundai Heavy Industries, Mitsubishi Heavy Industries, Daewoo
Shipbuilding and Marine Engineering and Samsung Heavy Industries are being profiled.

3. Demand of shipbuilding segments decreased owing to existing oversupply of vessels…
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▪ In 1H of 2016, the shipbuilding new orders were …
million GT. Demand for tankers, containerships and
bulkers has plunged due to the existing oversupply of
vessels at sea.
▪ As of 1H2016, the global shipbuilding order completions
was recorded at … million GT compared to … million GT
in the previous year.
▪ As of 1H2016, it was recorded at … million GT, as
compared to … million GT in the previous year.
Global Shipbuilding Completions (2009-1H2016)
Global Shipbuilding New Orders (2009-1H2016)
Global Shipbuilding Orderbook (2009-1H2016)
Global Shipbuilding Market Report: 2017 Edition

4. The demand of commercial vessel remained depressed during the aforementioned period..
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▪ The global vessel order of … million CGT in 2016 is
smaller than the sustainable order amount down the
road.
▪ As of 2016, China accounted for the largest share of
…%, followed by Japan and Korea with share of …% and
…% respectively.
▪ As of 2016, the global shipbuilding deliveries totaled …
million GT, down by …% from … million GT in 2015.
Shipbuilding deliveries was at its peak in the year 2011
with volume of … million GT.
Global Commercial Vessel Orders Share by Region
(2016)
Global Commercial Vessel Orders by Volume (2007-2016)
Global Commercial Vessel Deliveries (2008-2016)
Global Shipbuilding Market Report: 2017 Edition

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data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible
efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given
in this report and must make decisions based on their own investment strategy, risk management and capital adequacy.
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Global Shipbuilding Market Report: 2017 Edition