This video answers a lot of the questions around why shipbuilding is concentrated in east Asia now. https://www.youtube.com/watch?v=0Gk61ginOqo&t https://www.y

This video answers a lot of the questions around why shipbuilding is concentrated in east Asia now. https://www.youtube.com/watch?v=0Gk61ginOqo&t https://www.youtube.com/watch?v=0Gk61ginOqo&t The TLDR is: - Unique, state backed financial instruments that remove a lot of the risk for purchasers. The state needs a large amount of foreign reserves to do this; - A concentration of industrial and labour capacity. You need to achieve a certain scale in order for the economics to work. They also look at the case of Germany, who don't produce a lot of finished ships, but export the most profitable, complex components to east Asia. They are at least pursuing a rational strategy, even if they don't have the ability to crank out thousands of ships a year.