• Proceedings of the Korea Committee for Ocean Resources and Engineering Conference
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• 2003.10a
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• pp.5-11
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• 2003

This paper present a review of trends in world energy demand and a close outlook over the offshore market, especially in deepwater developments. The market requirements, characteristics and risks involved in the contract type of offshore projects are explained, followed by the strategic approaches of Korean main yards along with, the HHI's development and introduction of innovative construction methodologies to be a competitive contractor.