BIMCO Centenary Meeting Market Situation Shipbuilding

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BIMCO Centenary Meeting Market Situation
Shipbuilding

• Copenhagen, SAS Scandinavia Hotel
• 24 May 2005

Nobutaka Nambu The Shipbuilders Association of
Japan
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Japans Status in Shipbuilding Global Share ()
Source Lloyd's Register
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Productivity Improvement Workforce vs Output
Source SAJ members workforce and output
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Contributors to Productivity Improvement
Computer aided designing and manufacturing. Serial
construction of optimized standard vessels
suitable for each capacity. Advanced individual
workers skill. Integrated technology and
purchasing power through mergers or tie-ups.
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Foreseeable Future Performance
Short-term 2004 06 Very severe Lowest
newbuilding prices contracted 2-3 years
ago. Yens appreciation against US (\125/ in
those days). Steel price hike.
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Medium-term 2006 08 Brighter Might be brighter
reflecting currently improving prices. But,
uncertainty remains of future procurement cost
hike.
To secure reasonable performance in future, not
only further productivity enhancement but also
customers cooperation are needed.
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Measures for Survival (1) Customers
Satisfaction and Higher Quality
Customers satisfaction Japanese yards have
contributed to customers satisfaction through
higher quality services. Quality ships LCV
ships (FS) Designed to maximize each ships value
during its whole life. To be safer and more
environmentally friendly.
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Measures for Survival (2) Enhancement of Price
Competitiveness
Develop more sophisticated production and
procurement systems. Main production base will
remain in Japan. While Increasing dependence on
foreign partners.
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Measures for Survival (3) Handing down Excellent
Craftsmanship
Source SAJ, Age Distribution of Workforce
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Measures for Survival (4) Cooperation among
Shipbuilders Worldwide
Shipbuilders Cooperation through tie-ups and
dialogues Responsible for supplying vessels to
meet the needs of shipping market
properly. Excess supply far beyond markets needs
leads to vicious circle and hurts both yards and
owners.
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Measures for Survival (5) Creation of New
Maritime Needs
Mega Float 1,000m Test Model
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ConclusionIn pursuit of Sustainable Industry
Proper management keeps Japanese shipyards among
major suppliers even throughout 21st century.
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Thank you for your kind attention.