SHIPBUILDING INDUSTRY

- INDIA CAN TAKE THE LEAD

From: Indian Ports and

Infrastructure Review
Rajesh Thaker
Manager(publications)
Saket projects Ltd.,
Ahmedabad
BY:
HEMANG M MAKWANA
31320

Global Scenario

Positive signals for better time ahead for

the global shipping industry.( from
economic perspective)
Shipping industry is one of the prime
sectors which can grow with economy.
Global shipping industry in past five years
only TANKER shipping seen better growth
despite slowdown in overall trade.

Falling demand for dry cargo market and

bulk carrier earning getting dipper and
dipper.

Because of financial market in Japan and

Eurozone slowdown and slowdown of
economy in China has further weakend the
global trade.

Research report from Denish Ship

Finance

Shipbuilding sector has registered around

30% growth in past three years.
Demand for SPECIALIZED and OFFSHORE
vessels has been increasing rather than
tankers and bulk carriers.
It contributes nearly two third of the total
order booked.
The bigger business stockholders are
USA,JAPAN,GREECE,SOUTH
KOREA,NORWAY and CHINA.

China,South korea and Japan alone

contribute 80% share in the global
shipbuilding industry.
China`s share 35%,India and Vietnam are
emerging as important shipbuilding sector.
New 43 million CGT fleet capacities is
likely to be delivered in 2013.
As a result global yard capacity utilization
will reach at 78% in 2013.

INDIAN SCENARIO

Shipbuilding activities in India has been

fastest growing sector.
As of now ,it constitutes merely below 1%
of the global market, but likely to increase
to 5-7% by 2015.
Size of shipbuilding and Repair industry is
Rs 7310cr and is likely to increase to
Rs9200cr by 2015.
Government sector constitutes 47%
market, while private sector 53%.

Capacity of 28 shipyards(20 private and 8

public sector) was estimated 1164.3
thousand DWT in the public sector and
904.7 thousand DWT in the private sector.

It is assumed that in the next 10years

market share of indian shipbuilding sector
will increase around 5 to 7.5%.

The overall cargo traffic at major ports is

expected to reach 1230million tonnes by
2015,growing at 20% CAGR.

Nearly 900 vessels ships with an average

age of the fleet of 24years.

It is presumed that in the next 5-10years

,replacement demand for ships will remain
high with the Indian ship yards.

Specialized vesselsare those vessels

that have onboard machinery and equipments

to perform various tasks related to marine
industry. Specialized marine vessels
includeAnchor Handling Tug Supply
Vessels, Drilling Vessels, Well
Intervention Vessels, Ice Breaking
Vessels, Cable Laying Vessels, Well
Testing Services Vessels, Field Support
Vessels, Seismic Vessels, andFire
Fighting Vessels .

Anchor handling tug supply vessel

Thank You