Busan Maritime Exhibition, South Korea

The Busan International Maritime Exhibition in South Korea is one of the major industrial exhibitions in the Asia-Pacific region and one of the most important professional exhibitions in the shipbuilding and maritime fields. It is held every two years and has been successfully held 19 times. so far. The exhibition is jointly sponsored by the Korean Ministry of Commerce, the Ministry of Energy, the Busan City Government, the Korea Shipbuilding Association, the Korea Marine Equipment Association, the Korean exhibition company K.Fairs Ltd. and Reed Exhibitions. It is expected that there will be 810 exhibitors and 45,000 visitors in this exhibition, with an exhibition area of ​​39,200 square meters.

Why attend the Busan International Maritime Show in South Korea?

1. Review of past exhibitions: The exhibition area is 39,200 square meters, with 810 enterprises from 45 participating countries and 45,000 visiting merchants from South Korea, Japan, Singapore, Europe, the United States, the Middle East, Africa, Central America, etc. At this exhibition, Austria, Switzerland, the United Kingdom, Finland, Denmark, Norway, Germany, France, the Netherlands, South Korea, Japan, Singapore and China all participated as national pavilions. Exhibitors include Hyundai, Samsung, LS CABLE, KT, Kangrim, Sejine, GMB, 3M from South Korea and ABB, Siemens, SAM, SABB, ALSTOM, Inmarsat, Japan Radio and other well-known foreign companies.

2. South Korea is the world’s largest shipbuilding market, home to ten of the world’s largest shipyards. Busan is the second largest city in South Korea and the largest logistics port. Shipbuilding and maritime industries are the foundation of the city’s trade. In order to maintain its status as the world’s largest shipbuilding country, South Korea has formulated the “Blue Ocean” development strategy. The shipbuilding industry is one of the main pillars of South Korea. As the main base of South Korea, an important Asian country, Busan occupies the world’s leading position and market share in ship repair and construction, marine equipment production, ship maintenance and other fields. Especially after the financial crisis, South Korea’s shipbuilding industry has developed rapidly and played an important role in economic recovery and development. Korean-built oil tankers, container ships, liquefied natural gas ships, floating production and storage vessels, high-speed ships, ultra-large ships and luxury passenger ships are all leading the way. At the same time, South Korea is actively promoting the upgrading of the shipbuilding parts industry, expanding exports and comprehensively improving the technical level and production capacity of supporting industries.