This research has been designed for upgrading the competitiveness of ship repair industry in Busan area. In a country that is regarded as an established global leader in shipbuilding like Korea, a more or less performing status could be assumed for the ship repair industry.
However, the findings of this research using AHP methodology to analyze the results of a questionnaire handed over to stakeholders of ship repair industry in Busan area on the basis of a SWOT matrix, underlined on one hand, a very weak status for ship repair industry in Korea compared to its neighboring competitors especially in china and Singapore mainly due to limited capacity repair facilities. On the other hand, this research confirmed the potential of Korea and Busan area to develop a high specialized ship repair industry such as for LNG & LPG vessels taking advantage of its leadership in building such high technology vessels to secure a niche in the ship repair industry where competitiveness is measured in terms of know-how and not in cost