In recent years the global market for shipbuilding has been significantly influenced by activities within South Korea, drawing market share away from Europe through predatory pricing and shoring up bankrupt yards, with Government directed funds. UK yards continue to compete strongly for orders, building 25-30 vessels per.
Conversion is a viable alternative to new building, especially in some specialist market sectors.
SSA members favour a proactive approach to market conditions, identifying new opportunities and addressing changes to practices and policy, which could assist the industry to improve its international competitiveness. UK yards build between 25-30 vessels per. History Along with other traditional heavy industry sectors, the British Shipbuilding Industry has changed almost beyond recognition over the past thirty years. The most obvious sign has been the decline from being world market leader. This decline is often uppermost in people s minds when considering the industry and its future development.