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What is the role and importance of the rope industry in shipbuilding & marine fields?

Typically, struggling in a limited space is referred to as ¡®small storm in a teacup¡¯.
Typically, struggling in a limited space is referred to as ¡®small storm in a teacup¡¯.

As it were, the 'storm in a teacup' expression can be used when the destruction is as minimal as not being affected by particular phenomenon or situation although a phenomenon triggered by specific events was expected to come with enormous destructive power of hurricanes.

And also, when you do not have any great influence even though it seems to himself very big deal, it is referred to. However, the Hurricanes broken out from the teacup is different. When like 'Butterfly Effect', the small storm got outside after breaking the own frame, a big whirlwind effect might be raised.

When coming beyond the limits and their own stereotypes, the remarkable growth can be achieved and the brighter spotlight is attained. In this edition, the role & importance of the rope industry in shipbuilding and marine fields has been identified.

1. Importance of the rope industry in shipbuilding and marine fields
It says that nothing exist without a reason in the world. Not only humans but also even every little thing exists for their needs.
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2. The present condition of the rope industry in shipbuilding and marine fields in Korea
1) Market size of the rope industry in shipbuilding and marine fields in Korea

Table 1. The estimated domestic market for synthetic fiber ropes
¡á Source: Dong Yang Rope Mfg. Co., Ltd.

Figure 1. The exports of shipbuilding and marine ropes in Korea
¡á Source: Response of rope industry based on the self report survey

3) Domestic and foreign specification and standardization trend of the rope industry in shipbuilding and marine fields in Korea

Figure 2. Output of shipbuilding and marine ropes business in Korea
¡á Source: Response of rope industry based on the self report survey

4) The market size of the rope industry in shipbuilding and marine fields in Korea (based on survey)

Figure 3. Shipbuilding and marine ropes industry outlook in Korea
¡á Source: Response of rope industry based on the self report survey

3. Views of the rope industry in shipbuilding and marine fields

Figure 4. Reason for optimism in shipbuilding and marine ropes industry
¡á Source: Response of rope industry based on the self report survey

Table 3. Export and import statistics in last 5 years in terms of HSK code 5607~5609 (unit: one thousand dollars / %)
¡á Source: The Korea International Trade Association export and import statistics (Foot note: HSK cord 5607 - Twine, cordage, ropes and cables (No question whether plaited or braided and whether impregnated, coated, covered or sheathed with rubber or plastics.)
5608 - Knotted netting of twine, cordage or rope; made up fishing nets and other made up nets, of textile materials
5609 - Articles of yarn, strip or the like of heading 54.04 or 54.05, twine, cordage, rope or cables, not elsewhere specified or included



4. Conclusion
The most frustrating thing about the collection of data in this time is that I thought, rope companies for shipbuilding and marine have a closed mind. Of course, with the nature of the shipbuilding industry, shipbuilding industry also seems somewhat conservative.
But, to be conservative does not help the current situation. There are no perfect companies in the world. Even though you have strengths, it is not necessarily the best, because it also has a weakness. Also, even though it is weak, it does not mean that all respects are weak. Weak companies are also bound to have some advantages to survive.
Through mutual exchange, if there is no effort to acknowledge and accept mutual benefit, the development stops. It hopes to remember the simple fact that standing water decomposes.

¡á References
  • Korea Forest Research Institute
  • The Korea International Trade Association
  • Ministry of Knowledge Economy Republic of Korea
  • Dong Yang Rope MfgC0.,LTD
  • Yahoo Dictionary
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