CIMdata PLM Industry Summary Online Archive

6 November 2007

Implementation Investments

Korean Shipbuilder Growing with AVEVA Marine Solutions

AVEVA announced that Korea Shipyard Co Ltd. - a newcomer to the shipbulding scene - has recently invested in AVEVA's set of marine design and engineering solutions.

Korea Shipyard, which is based in the Southwest region of South Korea, focuses on 180,000 DWT Bulk Carriers. To date it has an order book valued at USD 200 million, but this will significantly increase to USD2 billion in 2008.

Chae-Woo Lee, Executive Vice President of Korea Shipyard said:

"With the expected surge in orders, we cannot take risks. We need a complete solution that integrates hull design with outfitting; design automation that maximises efficiency; and a database that allows collaborative, parallel working - all of which are provided by AVEVA Marine Solutions."

Peter Finch, President of AVEVA Asia Pacific said:

"A growing shipbuilder like Korea Shipyard will benefit significantly from AVEVA Marine's unique object-based technologies that allow global project execution, clash-free design and efficient lifecycle management. Not only will this enhance quality and productivity, it will ultimately save them time and costs."

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