Albany, NY -- (SBWire) -- 09/02/2014 --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. Modern shipbuilding involves multiple participants to design, construct and maintain a ship. The shipbuilding value chain is comprised of three major phases: pre-production, production, and postproduction. In 2013, new ship building orders rose up to an incredible level from last year. Five years have passed since the commencement of the economic crisis which saw the downfall of many shipping companies and shipyards and a dramatic diminution in the number and the cost of newbuilding orders. However, 2013 marked a significant change with a strong revival in ship orders, which tripled compared to last year, and with an increased demand and the volume of the shipyards orderbooks.
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Shipbuilding industry is mostly dominated by Asian players, such as South Korea, China and Japan. In 2013, China led the market with the largest orderbook, while South Korea was leading in terms of contracting. The European shipbuilding industry recorded a remarkable growth in 2013, with new orders and increased orderbooks. The emerging nations such as India, Vietnam, Brazil, the Philippines, and Turkey recorded significant growth in shipbuilding industry.
Rising global GDP is one of the key growth driver for the shipbuilding industry. Major challenges associated with shipbuilding are environmental regulations and rising fuel costs. Shipbuilding industry is undergoing various industrial developments like virtualization, robotics in shipyards and green shipbuilding.
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The shipbuilding companies function in an extremely competitive environment with productivity; development capabilities; and the skills and competence being the key aspects. The shipbuilding industry is chiefly dominated by players such as Hyundai Heavy Industries, Daewoo Shipbuilding, Mitsubishi Heavy Industries and Samsung Heavy Industries.
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A leisure boat is also known as pleasure craft or recreational boat that is designed for and capable of moving in water with a maximum length of up to 24 meters, and is meant to be used for recreational or leisure activities only, and is not utilized in any type of business or moneymaking venture. The pleasure craft may also be used as a temporary residence for the owner, and often is equipped with amenities that are like those that are found in a home, albeit on a smaller scale. The very craft could be motorized or non-motorized depending upon the boat type. Now days, several types of pleasure crafts are available with a broad range of variants.
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The leisure boat industry represents only a small fraction of the global leisure industry. The leisure boat industry was hit hard during global recession as demand in major overseas markets such as the US and Europe was impacted by economic slowdown. The United States and Europe are the principle regions for the leisure boat market, which collectively represent a significant share of the global leisure boat trade statistics. Though these markets are on the verge of maturity, there still lies a tremendous growth opportunity in these markets.
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Benefiting from the explosive growth of e-commerce, China express delivery industry has maintained rapid growth since 2013. From January to September of 2013, the express delivery enterprises with the annual sales revenue of over RMB20 million completed the delivery of 6.18 billion mails and parcels, jumping by 61.2% year on year; the revenue totaled RMB99.57 billion, up 34.9% year on year.
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Wherein, the revenue generated by intra-city business reached RMB11.54 billion, climbing by 49.4% year on year; the inter-city business revenue reached RMB56.64 billion, presenting a year-on-year rise of 28.1%; and the international and Hong Kong, Macao and Taiwan business revenue increased by 30.5% year on year to RMB19.52 billion.
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