Abstract
Domestic ship management was extended by the growth of the shipping industry. It is time to specialize and globalize ship management not simply deploying seaman but managing ship owners` properties. This paper analyzes the reasons that Japanese ship management, which has been influenced ship management business in Korea, could not own the international level of companies and suggests the decline model of Japanese ship management business. Finally This paper provides the successful model of ship management business in Korea and the way to convert into the model.
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