Latvian Maritime academy

In summary, it can be said that worldwide shipbuilding industry forms into sectors based on scale ofmanufacturing, geographic positioning, infrastructure capabilities to build certain ships, orderingdemands, logistics factors and many others.Evaluation of Lithuania’s and Poland’s shipbuilding trendsAt the beginning of researched period Lithuania’s ship construction’s average index were comparedto the whole analyzing period which was 4732 CGT. In 2002 ship construction’s industry started to showsigns of recovery after the Soviet Union collapse and reached 5215 CGT and that is about 10% more thanlast year. Ship construction industry in Lithuania didn’t take too long to recover (Figure 6).In 2003 the worldwide ship construction’s market was invaded by East Asia counties such likeChine and South Korea which can offer up to three times cheaper labour price. Due to this shipconstruction’s orders number significantly decreased. In this period 1870 CGT was built, and it decreasesmore than 63% in ship construction’s industry in comparison to 2002. Lithuania’s government refusedto help to recover Lithuania’s shipbuilders. Joining EU has led to connivance of its politics and in 2004-2006 a decision was made that ship construction’s repeating and conversions are not going to be fundedby the county or the EU. Because of this decision most companies found themselves on the brink ofbankruptcy. In 2004 220 CGT was built. In following 2005 years industry didn’t show any signs ofrecovery. During these years there was the least 1365 CGT built throughout the whole period.a) b)Figure 6. Shipbuilding indicators comparing a) Lithuania’s shipbuilding sector by CGT;b) Polish shipbuilding sector by CGTIn order to avoid financial trouble and bankruptcy shipbuilding companies began to specialize incomplex shipbuilding market and at the same time reorganization of western ship construction companiesgroup was started. These efforts to revive the industry provided well results and already in 2006 yearsthere were seen signs of recovery. Lithuanian’s shipbuilding companies built over 4506 CGT and thisamount is three times more compared to the year before. In 2007 rates also increased and reached 5600CGT.The following year ship building industry was affected by the beginning of the economic crisis.During the crisis orders decreased but this didn’t affect the production too much and 5300 CGT werebuilt. In 2009 Lithuania’s ship building industry began to recover a big amount of income was gatheredand a record number of orders was achieved. In that year, was built the largest amount of ships during theanalysis period, even 12735 CGT.As it was shown in the ship building descriptive statistical indicators Lithuanians market isdominated by ships up to 6629 CGT constructions and these kind of ships make 80% of the ships built inwhole period. Due to companies specialization processes in ship building sector, in the near future thereare no expectations of significant change in Lithuanian’s shipbuilding sector, because of existence ofstatistical distribution right asymmetry, it allows to expect smaller than 4688 CGT per year of finishedships rate.At the beginning of analysing period the Poland’s shipbuilding rates were really high. Even thoughthe collapse of Soviet Union negatively affected it’s shipbuilding rates: in 2001 ship builders stillmanaged to holdout in international market’s top 5 and had built over 477000 CGT ships per year. At the79