IDEAS home Printed from https://ideas.repec.org/a/ovi/oviste/vxiiiy2013i2p31-34.html
   My bibliography  Save this article

Crisis Effects on Shipbuilding Market

Author

Listed:
  • Grigorut Cornel

    (,,Ovidius” University of Constanta, Romania)

  • Nistor Filip

    (,,Mircea cel Batran” Navala Academy, Constanta, Romania)

  • Popa Catalin

    (,,Mircea cel Batran” Navala Academy, Constanta, Romania)

Abstract

The shipbuilding industry plays an active part in the fleet adjustment process becoming an important factor determining the supply of sea transport. Merchant ships generally take about a year to build and delivery may take 2–3 years if the shipyards are busy. This prevents the market from responding promptly to any sudden upsurge in demand. Shipbuilding market would face a difficult period of decreasing new order and worsening profitability after financial crisis in 2008. The study provides a comprehensive analysis of current status and what were the effects of the current crisis over shipbuilding market. In the end we highlight the market expectations for shipbuilding industry based on world economy forecasts.

Suggested Citation

  • Grigorut Cornel & Nistor Filip & Popa Catalin, 2013. "Crisis Effects on Shipbuilding Market," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 31-34, May.
    • Handle: RePEc:ovi:oviste:v:xiii:y:2013:i:2:p:31-34
    as

    Download full text from publisher

    File URL: http://stec.univ-ovidius.ro/html/anale/ENG/cuprins%20rezumate/volum2013p2.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    shipbuilding; transport; industry; market.;
    All these keywords.

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ovi:oviste:v:xiii:y:2013:i:2:p:31-34. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Gheorghiu Gabriela (email available below). General contact details of provider: https://edirc.repec.org/data/feoviro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.