1. From henceforth this article will refer to the Republic of Korea, or South Korea, as Korea. In .
2. AWES, 2004, Annual Report 2003–4 AWES, 2004, Annual Report 2003–4
3. Stopford, M.(1997) Maritime Economics. London : Routledge.
4. BRS, 2005, The Shipbuilding Market in 2004 BRS, 2005, The Shipbuilding Market in 2004
5. Ibid.