Latvian Maritime academy

Asia region is fastest developing not only in marine trade routes insurance, but in shipbuilding area too,which set itself a task to conquer shipbuilding industry worldwide. Over the last 20 years shipbuildingindustry in China grew dozens of times and in 2010 consisted one third of the world’s shipbuildingindustry (Figure 1), according to the annual tonnage of ships being under construction. This rapid andintense China’s and south east Asia’s regions growth caused confusion in shipbuilding industry.a) b)Figure 1. Shipbuilding market distribution (CESA)a) market dynamics 1990 – 2010 periods; b) competition based on ships under construction types in2009 year (inner circle) and 2010 year (outer circle) [2].Less rapidly grew Japanese and South Korea‘s shipbuilding industries. European shipbuilding partof overall world wide industry keeps it steady grounds for last 20 years, because eastern ship buildersorientate to big tonnage shipbuilding, and even 65% of ships that were built are adapted to eastern regionports, which can service 20 meters draft ships. Shipbuilding market competition analysis is based on thetypes of produced ships, over one year period demand for bulk cargo ships industry almost doubled [1].Therefore these reasons listed above European shipbuilding market is stable. Dynamics ofshipbuilding sector mostly depends from European region economic and international trade developmentin this region.European shipbuilding industry during 2011 years earned almost 20 thousand billion euro. In Europemost of all profited country was Germany (23%), then Norway (16%), Italy (15%), Spain (11%) andNetherlands (10%). Lithuania makes 0.69% profit of overall CESA countries shipbuilding sector, but thatis not the least. Lower profits were generated by Bulgaria (0.59%), United Kingdom (0.1%) and Portugal(0.04%).a) b)Figure 2. CESA countries profit and new orders indicators in 2010-2011a) countries profit percentage; b) new countries order percentage [2]75