Comments by "capmidnite" (@capmidnite) on "The Rapid Rise of Korean Shipbuilding" video.

  1. The growth of the Korean economy in the 1960 through the 80s was built on a fast-follower model, with rapid absorption of technology and processes already developed overseas. The challenge facing the Korean economy now is to develop the NEXT generation of industries and tech, without knowing what it will be. In some ways, that's as much of a challenge as what faced Korean engineers in the old days.
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  2. I believe the Korean shipyards increasingly employ welders and other workers from countries such as Vietnam because young Koreans don't want to do such work anymore.
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  3.  @greatwolf5372  The Korean manufacturers already have to import welders and other shipyard workers from countries such as Vietnam because young Koreans don't want to do such work.
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  4. I believe Hyundai shipyards in Ulsan offers factory tours. I went to the Mitsubishi Industries museum in Nagasaki, which is located inside the shipyard facilities. The museum contained displays of old machinery, tools and photos from Mitsubishi history and the building itself was a pattern making shop built in the 1800s. In the shipyard was a Giant Cantilever Crane imported from Scotland in 1909 and I believe it is the oldest still-working shipyard crane in the world.
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  5.  @ROIDDDDD  What are you talking about? You think the US Navy is going to hand shipbuilding contracts to Korean shipyards? The South Koreans don’t even have one aircraft carrier.
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  6.  @ROIDDDDD  Why don't you brush up on your English before you post? I don't understand what you are trying to say.
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  7. The video touched upon but didn't elaborate on two things: (1) The Korean industrial workforce as a whole is getting older and expensive. Korean shipyards now routinely employ welders and other workers from SE Asian countries such as Vietnam, on working visas because young Koreans don't want to do such work and (2) every country (UK, USA, etc) that used to have a domestic shipbuilding industry has followed the same cycle of increasing government subsidies to prop up domestic industries in the face of fierce foreign competition, only to eventually throw in the towel after realizing it was a useless endeavor. The US does have the Jones Act to preserve a minimal amount of domestic commercial shipbuilding capacity, though. Also, the USA will always retain its military ship building capacity.
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  8. I had the chance to take a cycling trip around the Inland Sea in Japan, where Imabari Shipyards is located. Some of the factory buildings are right up against the road and you can look in and see the workers and half-finished pieces and hear the pounding of machinery. The Hyundai shipyards in Ulsan are fenced off though and can only be seen from a distance.
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  9.  @푸른마  Thank you, I didn't realize they have to pay a royalty to GTT for the LNG ships. LNG ships are one category the Korean shipbuilders are moving into, to get away from Chinese competition.
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  10. 15:33 That's a picture of the Showa Steel Works in Japanese-occupied Manchuria, during the 1930s.
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