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http://dx.doi.org/10.5394/KINPR.2014.38.2.163

A study on entry into the offshore service market through slack model  

Oh, Jin-Seok (Division of Marine Engineering, Korea Maritime and Ocean University)
Kim, Gil-Soo (Division of Maritime Transportation Science, Korea Maritime and Ocean University)
Merdas, Reza (Division of Maritime Transportation Science, Korea Maritime and Ocean University)
Jang, Jae-Hee (Division of Marine Engineering, Korea Maritime and Ocean University)
Publication Information
Journal of Navigation and Port Research / v.38, no.2, 2014 , pp. 163-170 More about this Journal
Abstract
Domestic offshore business is oriented toward building drill-ships, FPSOs(Floating Production Storage and Off loading). But the equipments needed for offshore platforms are not so developed in Korea because the equipments can not be verified in Korean territory where the offshore platforms are not stationed. This study aims at finding some methods on entering into OSI for the maintenance and disassembly of fixed offshore platforms. Slack model is adopted to find out how slack assets could play a role in penetrating foreign markets. Firstly, entry into the South East Asian market is recommended. Secondly, forming a consortium is suggested by which taking part in offshore market can be easier. Finally, strategic plans for obtaining the technology for ship building equipments are needed as well as government support.
Keywords
Offshore Service Industry(OSI); Offshore Plant Operation; Offshore Plant Repairing; Offshore Plant Decommission; Offshore Plant Equipments; Slack Model;
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