The general elements of international shipbuilding costs and prices, including a brief overview of the shipbuilding market for the past 10 to 15 years, and a discussion of the factors which influence both the cost and price of a vessel are presented. Also included is a computer database of ship sales-price information for vessels contracted for in Japan and Korea during 1980–1984. The database was developed and maintained at the Maritime Administration for use in providing routine periodic reports analyzing shipbuilding prices and studying trends in the market. Recent computer-aided studies of the trends and parametric relationships of that five-year period are described and explained.

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