Shipbuilding (noun)

1. The construction of ships as a trade or industry.
2. The design, construction, and assembly of a ship.

Origin:

From middle english, from ship + building.

Examples:

1. Shipbuilding was once a thriving industry in this city.
2. The shipbuilding company has been in business for over a century.
3. Advanced technology has revolutionized the shipbuilding process.
4. He studied shipbuilding in college and now works for a major shipbuilder.
5. The shipbuilding industry is critical to the national economy and defense.