Shipping Repair Industry

Term Paper # 101593

Business > Industries

This paper evaluates the shipping repair industry in the United States.

1,059 words () | 6 sources | APA | 2008 United States

Paper Summary:

The paper provides an overview of the shipping repair industry and examines the macroeconomic variables that affect the industry. The paper discusses how changes in macroeconomic policies have a direct impact on the activities within the sector. The paper shows how the interconnectedness of this particular industry makes it important to the overall sustenance and development of the economy. The paper includes graphs and tables.

Outline:
Overview of the Shipping Repair Industry
Macroeconomic Variables that Affect the Shipping Repair Industry
A Time-Series & Environmental Analysis

From the Paper:

""The shipbuilding and ship repair sector builds and repairs ships, barges, and other large vessels for military and commercial clients", (EPA, 2006, p. 71). There are active shipyards in over 58% of the states in the United States (LECG, 2002, p. 3), since almost all coastal states have active shipyards. This translates into an active and vibrant shipping repair industry in the United States.
"The sector is affected by many macroeconomic variables, since it plays a vital role with transportation which acts as a liaison for international trade and growth sectors. More importantly, facilities that build ships also repair them, which creates a niche and linkage of ship building and ship repair industries; this usually translates into significant spillover effects within the society, (EPA, 2006, p 71)."

Sample of Sources Used:

Environmental Protection Agency (2006). Sectors Strategies Performance Report, 2006. Retrieved January 31, 2007 from http://www.epa.gov/ispd/pdf/2006/shipbw.pdf
LECG, LLC (2002).The Economic Contribution of the U.S. Commercial Shipbuilding Industry. Washington D.C.: Shipbuilders Council of America. Retrieved Jan 30, 2007 from bhttp://www.shipbuilders.org/publications/econcontr_shipbuilding.pdf
Ocean Shipping Consultants (2002). Ship Repair: Major Changes Ahead. England: Ocean Shipping Consultant Limited. Retrieved on January 31, 2007 from http://www.osclimited.com/releases/SHIPREPAIR.PDF
Thorpe, Alan (n.d.). "Finding the Bargains (Without Deviating)". MarineLog.com. Retrieved on January 30, 2007 from http://www.marinelog.com/DOCS/PRINT/aat1.html
U.S. Bureau of Labor, Bureau of Labor Statistics, Current Employment Statistics Survey, Manufacturing Industry NAICS Code used: 336111 (Ship building and Repair), as accessed on January 31, 2007, available at http://www.bls.gov/data/home.htm.