The role of local economies in pursuing national economic development has expanded with greater influence. So a number of countries have adopted industrial cluster policies for regional and national economic development. Korean government, by the same token, puts emphasis on industrial cluster policies. But the academic studies on the necessities and effects of industrial clusters for Korean shipbuilding industry have been carried out little in Korean due to the lack of empirical studies on Korean industrial clusters. So this study focuses on analysing the industrial clusters in the Busan, Ulsan, Koungnam as southeast area of Korea. To be more specific, this study intends to provide answers to the following question: Are there industrial clusters in the Busan, Ulsan, Koungnam as southeast area of Korea analysed by the Location Quotient(LQ) analysis method? And as a consequence, Shipbuilding industrial clusters of southeast area of Korea were not identified.