Thought this thread fits with PV1.
South China Morning post had
"In global shipping, it’s China vs South Korea, and Seoul is securing its shipbuilding secrets
- Analysts say it is all hands on deck in South Korea to stave off the competition from China’s surging shipbuilders in the cutthroat industry
- Chinese industry expert concedes that Korean firms are still setting the standard, but their ‘manpower shortage is a big drag’
We mostly all know about shipping operations from Mediterranean Shipping Company (MSC), Maersk CMA CGM, Cosco and others. Those four each have about or well over 500 ships in operation.
Life span of ships is an interesting engineering question. About 22 years. The age of the ships operating now is then the one of the factors in new builds. Marine Insight 2020 put Korea in the front and Japan in the mix. China is clearly moving!
