The world's largest shipyard has finally embarked on the road to profitability after eight years of losses
In the past ten years, the global shipbuilding industry has formed three major patterns of "China, Japan and South Korea". Now, China has the most complete industrial system in the world, and its shipbuilding skills are much higher than those of other countries. According to figures released by the agency Clarkson, by September next year, Chinese shipbuilders have the world's largest shipbuilding orders, while South Korea and Japan are second and third, respectively. There is no doubt that China Shipping Group is the world's largest shipbuilder. In terms of the number of orders from shipyards alone, South Korea's Samsung Heavy Industries has the most orders and remains the largest shipyard in the world.
Samsung Heavy Industries is the world's largest shipbuilder and a subsidiary of the Samsung Group, one of the top three companies in South Korea. The company's business includes: large container ships, liquefied gas carriers, drilling ships, large oil tankers, various high value-added ships, as well as onshore and offshore engineering, such as offshore drilling platforms, etc.
Founded in the 1970s as part of Samsung Corporation, Samsung Heavy Industries has long been engaged in heavy industry, especially in shipbuilding. Samsung Heavy Industries initially focused on the shipbuilding industry, and its establishment demonstrates South Korea's ambitions to commit to heavy production. After entering the 80s, major enterprises have adopted advanced processing technology to improve the productivity and quality of enterprises. In the early 90s of the 20th century, Samsung's industrial division increased its global presence. At the same time, we have also undertaken the construction of some large commercial ships and LNG carriers, and have a place in the world's marine industry.
Entering a new era, Samsung Group continues to develop and expand its business scope to include offshore platform construction, offshore engineering, wind power generation equipment, and oil and gas production. With the development of science and technology, Samsung Heavy Industries has carried out in-depth research on new energy and intelligent technologies that meet the needs of the future market, such as new energy and intelligent technology.
Samsung Industries has always been at the forefront of technological innovation. Our world-class shipbuilding and high level of automation provide us with high-quality ships. Samsung's products cover many industries such as civil ships, LNG carriers and large offshore platforms, providing users with a full range of services. And with the major shipping companies to carry out strategic cooperation, in order to ensure long-term orders**. Many branches have been set up abroad, and some major projects have been jointly undertaken. This international partnership gives businesses the opportunity to expand their expertise and technology to a wider market.
In the summer of this year, South Korea's Samsung Group reported its first-half earnings report, and the company's profit reached 78.5 billion won, and it has already exceeded the full-year sales target. Previously, Samsung Heavy Industries had already experienced eight years of losses. Samsung Heavy Industries has a lot of orders, but it takes a long time to build a ship, coupled with the cost of **, and the emergence of competitors, which leads to long-term losses, delivery delays, and so on.
Under tremendous pressure to deliver deliveries, Samsung Group had to join forces with Chinese shipyards in order to use their power to speed up deliveries. Market analysts believe that by comparing the operation of major shipyards in China and South Korea, the profits of Chinese shipyards are better than those of South Korean shipyards, and the R&D expenses and shipbuilding efficiency are also higher than those of South Korean shipyards.
Abstract:Judging from the current development trend, the development speed of China's shipbuilding industry has accelerated significantly, and its shipbuilding production scale is gradually surpassing South Korea and Japan, and occupies a pivotal position in the field of the world's shipbuilding industry. As the world's largest shipbuilding market, China's increasingly strong domestic demand has brought a large number of overseas orders to Chinese shipbuilding enterprises, making it highly competitive in the world. Today, China Shipbuilding Corporation has gradually changed from the original low-price manufacturer to a higher-level, higher-quality production, higher-quality ship production, to a higher-level, higher-quality ship production and operation.