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Cover -- Half Title -- Title -- Copyright -- Original Title -- Original Copyright -- Contents -- List of Tables -- List of Figures -- Acknowledgements -- 1. SHIPBUILDING: THE GLOBAL SHIFT -- Recent Trends in World Shipbuilding -- Merchant Shipping Perspectives -- Conclusion -- 2. THE CONCEPTUAL BACKGROUND TO SHIPBUILDING -- Shipyard Organisation -- Shipbuilding Enterprise -- Economic Milieu -- The Descriptive Model -- 3. SHIP PRICES, COSTS, AND THE SHIPYARD SITE FACTOR -- Variations in Ship Prices -- Shipbuilding Costs -- Shipyard Costs and the Site Factor -- 4. THE ROLE OF TECHNOLOGICAL CHANGE -- Firms and Technological Change -- Technological Change in Perspective -- Conditions Promoting Innovativeness -- Technology Transfer -- The Evolution of the Modern Shipyard -- Standard Ships -- The Marine Engineering Dimension -- Conclusion -- 5. DEMAND AND SHIP CYCLES -- Merchant Ship Cycles -- Naval Ship Cycle -- The Regional Dimension -- Policy Implications of Ship Cycles -- 6. INDUSTRIAL ORGANISATION -- Evolution of Industrial Organisations -- Specialisation -- Diversification Within Shipbuilding -- Diversification Outside of Shipbuilding -- State Enterprises -- Conclusion -- 7. THE IMPACT OF GOVERNMENT INTERVENTION -- Naval Shipbuilding -- State Subsidies -- Shipbuilding and National Development -- Shipbuilding and the Command Economies -- 8. CONCLUSION -- Whither Shipbuilding? -- References -- Index.

The Maltese shipbuilding industry sector is mainly made up of one major company, namely the Malta Shipyards Limited, which is engaged in the maintenance, repair and alteration of ships. It is considered to be one of the largest dry-docking repair and conversion facilities in the Mediterranean basin. In September 2004, it employed 1,776 salaried workers. This company is a merger of two companies, namely the Malta Dry-docks and the Malta Shipbuilding Company, two parastate companies that were heavily subsidized by the government, and which were dissolved and merged into a new company in November 2003. This newly set up company, which is fully owned by the Government, absorbed around 1,700 persons out of the total workforce of 2,600 from the two entities. The major aim of the restructuring undertaken in both enterprises is to eliminate the need for further reliance on public funds. The plan seeks to eliminate these subsidies by the end of 2008 (This phasing out is in line with the transition period agreed during Malta's accession negotiations). To achieve this aim, a strategic plan was formulated by a tripartite taskforce including management, unions and government. ; peer-reviewed

Government assistance to the national shipbuilding industry by direct subsidies for the construction of ships, the provision of facilitated conditions for loans and tax exemptions, placement of state orders for the construction of the civil courts in national shipyards, debt relief, financial assistance for reconstruction and modernization of shipyards, etc.

The U.S. shipbuilding and repairing industry is comprised of establishments that are primarily engaged in operating shipyards, which are fixed facilities with drydocks and fabrication equipment. Shipyard activities include ship construction, repair, conversion and alteration, as well as the production of prefabricated ship and barge sections and other specialized services. The industry also includes manufacturing and other facilities outside of the shipyard, which provide parts or services for shipbuilding activities within a shipyard, including routine maintenance and repair services from flo