South Korea just became ... in 2004 ... earth's #1 ship builder, edging out Japan. Wow! Congrats! But China (where else!) is on schedule to strip SK of its hard-earned prize by 2015, the New York Times reported yesterday ("Korean Shipbuilders See China's Shadow").
The leader of the SKorean pack is the peerless engineering firm, Hyundai. And ... ta-da ... guess what Hyundai's new strategy is? You doubtless got it in one: Race up, up, up the value-added ladder. Hyundai is dropping oil tankers and ore carriers and pushing the likes of ultra-sophisticated LNG carriers and offshore oil platforms.
Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.
What we're talking about
on the front page.