Korea invites again to the biennial Kormarine International Shipbuilding & Marine Machinery / Material Exhibition (26 – 29 October 2011).
In 1978[ds_preview], Korea was the host of the maritime industry for the first time. About 355 exhibitors from 19 countries will be expected at this year’s 17th edition. The last fair in 2009 was attended by 65,700 visitors from 83 countries.
Under the banner of »Marine Week 2011« also the Naval & Defense Exhibition and the Sea-Port Korea Exhibition will take place at Busan’s BEXCO convention center. It provides facilities of about 26,500 m2.
Exhibit items 2011 will be:
• Shipbuilding / Shipyard Industry
• Ship Fitting and Equipment
• Prime Mover / Propulsion Systems
• Auxiliary Systems for Propulsion
• Ship Operation Equipment
• Cargo Handling Systems
• Electrical Engineering/Electronics
• Marine Technology
• Ports and Port Technology
• Maritime Services
Germany as one of the largest exporters of high-tech maritime equipment is an important supplier for Korean shipbuilders. In 2010 incoming orders from South Korea amounted to more than 900 million US$. According to the German industrial association VDMA this represents 9 % of the total foreign order value of German maritime equipment suppliers, the third largest share after EU countries and China. Korea’s significance is underlined with more than 50 German exhibitors at Kormarine 2011.
The Korean shipbuilding industry is in a good shape, as recent sales numbers show. In the first half of this year Korean shipyards regained the top position from China. According to the Ministry of Knowledge Economy (MKE) they received orders for 31.4 billion US$ or 8.9 million CGT – almost twice the number compared with the same period in 2010. China follows with 8.8 billion US$ or 5.2 million CGT. High quality and competitive prices in Korea convince also German ship owners.
KW
