South Korea's three major shipbuilding enterprises through a period of high-intensity structural adjustment and cost savings, operating performance improved, but the lack of start-up caused by idle manpower is still more serious, sales and net profit than in previous years significantly reduced. In this case, due to increased fixed cost burden, the new shipbuilding prices continue to run low, income is difficult to improve. Modern heavy industry hand-held orders more and more serious situation, the shipbuilding sector has more than 600 staff began a row of 5 weeks of holiday, 11 dock in the three downtime, the second half is expected to have more than 5,000 workers (including the Association ) In the situation can be done without work. Samsung Heavy Industries has been in the case of two docked, with the trade unions to discuss the work of workers to take a break, and Daewoo shipbuilding from the beginning of the year on the implementation of unpaid leave. It can be seen that the situation of small and medium enterprises in Korea will be even more severe.
Enterprises themselves continue to vigorously implement cost reduction measures, and small and medium enterprises are in urgent need of government orders assistance.
Financial support into "life-saving straw"
Financial support to say a few words, after years of downturn in the market, whether it is shipping companies, or shipping companies, in the "money" problems have encountered problems. In the face of a small number of new ship orders, the shipyard for the owner "to find money" (to provide financial solutions) has become an important factor in the shipyard orders.