South Korea's Samsung Heavy Industries Co., Ltd., the third largest shipbuilding enterprise in the world, signed a letter of intent for capital increase with the Beilun District Government of Ningbo at the 7th Zhejiang Investment and Trade Fair, which ended recently. It will invest 70 million dollars on the existing basis of Samsung Heavy Industry (Ningbo) Co., Ltd., mainly producing 2000-3000 tons of super-large segmented hulls.
South Korea is known as "a big shipbuilding country", and the top three shipbuilding industries in the world are from this country. Samsung Heavy Industry (Ningbo) Co., Ltd., founded in 1996, is a wholly-owned enterprise established by Samsung Heavy Industry Co., Ltd. of South Korea in Ningbo, mainly producing hull sections, hatch covers and other parts with imported materials. It is understood that after this capital increase, the total investment of South Korea's Samsung Heavy Industries in Ningbo will reach US$ 65.438+0.7 billion, and the annual output of Samsung Heavy Industries (Ningbo) will increase from the current 60,000 tons to 65.438+0.2 million tons.
"This capital increase is purely to expand the scale of production. It is expected that the new delivery room after capital increase will be completed within the year. " The relevant person in charge of Samsung Heavy Industry (Ningbo) Co., Ltd. said that each hull segment produced by the new factory will reach 2,000 tons to 3,000 tons, which is 10 to 20 times that of each hull segment produced before. All these hull sections will be shipped back to South Korea and assembled into ships by South Korea's Samsung Heavy Industries Company. At that time, Ningbo, which has the advantage of deep water port, is expected to become the main base for South Korea's Samsung Heavy Industries Company to carry out hull sections overseas.
Analysts believe that South Korea's Samsung Heavy Industries will increase its capital in Ningbo to increase the load-bearing capacity of the hull. On the surface, it can reduce shipbuilding cost and facilitate hull transportation, which is actually an inevitable requirement for the transfer of Korean shipbuilding industry. Shipbuilding is a labor-intensive industry, in which hull segmentation is the most labor-intensive link in shipbuilding. In view of the fact that the labor cost in South Korea is about 10 times higher than that in China, and the supporting policies of China, especially the major coastal provinces, to the shipbuilding industry, several major shipbuilding giants in South Korea favor to invest in China.
It is understood that before South Korea's Samsung Heavy Industry Company, Daewoo Shipbuilding Ocean Engineering Company, the world's second largest shipbuilding company, signed a letter of intent for investment with Shandong Yantai Economic and Technological Development Zone last month, agreeing to invest 6,543.80 billion US dollars to rebuild Daewoo Shipyard, which will be officially started in March 2006. Hyundai Heavy Industry Group, the world's largest shipbuilding group, is also negotiating with local governments and related enterprises in China to determine the schedule for entering the mainland of China.