i will never understand how you push out this many high quality videos this fast
@hayer70
Жыл бұрын
I think he has some ai chained to the pc in a dungeon somewhere by
@cv990a4
Жыл бұрын
Meth, it's what's for dinner...
@JewFroBro
Жыл бұрын
Interns
@AllocatorsAsia
Жыл бұрын
He’s man of focus, commitment, and sheer fkn will
@alexo6960
Жыл бұрын
He is a robot!
@sevrent2811 Жыл бұрын
The shipyards themselves are also some of the most insane and underrated infrastructure projects out there, the massive drydocks, cranes, and assembly/mfg buildings required are nuts
@ericsteenbergen9470
Жыл бұрын
Oh yeah, even old school sliding ways and floating drydocks are insanely huge. And that's ignoring just yard space! Modern ships are built in blocks then assembled together into a hull, and those blocks and the steel and weld yards that feed them take up miles.
@MyeongKyo.S
Жыл бұрын
True. I'm a bit disappointed how he left out some more details on the difficulties those arised while Hyundai built their first shipyards for example. It's such an interesting story.
@blyat7276
Жыл бұрын
@@MyeongKyo.S what were some of the problems hyundai faced?
@ivanhere6292
Жыл бұрын
any shipyard is quite an operation . the most complex ship to make or repair is naval or cruise ship..
@user-bk2zk6rq2b
Жыл бұрын
@@blyat7276 There is no cruise ship. And they should pay LNG ship 5% royalty to French engineering company ''GTT'' So there is low net income. And ship heavy industries are threaten by chinese companies. So there is dismal future.
@jasejj Жыл бұрын
This is a depressing part of my family history. I was born in Sunderland, UK, at one point the largest shipbuilding town on the planet. It was in final decline in the 1980s when I was growing up. One more industry that collapsed at that time. The Japanese and then the Koreans ate our lunch.
@seanpruitt6801
Жыл бұрын
I’m American but seeing the decline in British ship building hurts for some reason. The British built some absolutely astonishing ships. World class. Now it’s not a player at all. Same can be said here. All we build is naval ships with 4-5 ocean going ships a year. We have a few shipyard acts to strengthen our shipyards and modernize them but it’s still bleak.
@fensoxx
Жыл бұрын
@@seanpruitt6801 and we pump billions into military defense of South Korea.
@andanandan6061
Жыл бұрын
And now Japan and Korea start singking replaced by Lot of China cheap sh1t. So freaking cheap that Netherland and several European shipping companies order from China ship building. But now Order is Stopped. They start looking for other cheap Shipyard that apparently they have found in South East Asia.
@ROIDDDDD
Жыл бұрын
@@seanpruitt6801 Even naval shipbuilding can not be continued because of more productive and efficient South Korean naval ships.
@capmidnite
11 ай бұрын
@@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.
@ericsteenbergen9470 Жыл бұрын
Interesting! I am a Machinery and Equipment Tester at an American shipyard, we have Korean equipment dealers coming through all the time! The vendor representatives almost always bring Soju as a gift, but as drinking is absolutely not an acceptable part of work culture here so my senior engineer has a closet full of dozens of bottles collected over the years, though rumor is the higher ups raid it when we are all out on sea trials! We install a lot of Korean build equipment and from experience I can say it is all strong and reliable but also about as cost cut as physically possible. Davit hoisting wires dont come on spools, they come in a sack. If a support bar can be made of a bolt welded in place, it will be. And if you didnt specify you need all accessories included with each unit rather than one for an order of dozens you wont get them! I dont mean that in a negative way, it is always fit for purpose and I admire the savings. Though I do hear many dark rumors from our representatives that visit the korean yards. I have never visited myself, but it is very, very commonly stated that those shipyards wouldn't exactly meet US OSHA standards, far from it. But it is probably cheaper.
@davidjacobs8558
Жыл бұрын
well, that's why all the factories left USA, to countries where there is no OSHA. Steve Jobs was no dummy.
@havencat9337
Жыл бұрын
so they come with cost advance due to the standards...i think they should be dropped to be able to compete
@ericsteenbergen9470
Жыл бұрын
@davidjacobs8558 I mean you say that, we still have massive shipbuilding infrastructure here stateside, the yard I work at (which is not the only shipyard in town) has nearly four thousand employees all quite well covered by OSHA. Sacrificing safety standards is a short term benefit as you lose people. Hell, we lose people here but they lose more and the loss of talented and experienced workers will always hurt you no matter how many you think you can afford.
@Daydream2142
Жыл бұрын
that rumor is 100% true. working at shipyards is Korean equivalent of joining military in US. you might get injured or even killed while working but you make relatively good money. Korea will lose its no.1 spot pretty soon because of lack of skilled workers and increased reliance on foreign workers. that's exactly how Japan lost its no.1 spot years ago.
@magnetospin
Жыл бұрын
Why doesn't the senior engineer take the Soju home?
@regolith1350 Жыл бұрын
FYI “quay” is pronounced “key”. It’s one of those strange old words.
@bobgroves5777
Жыл бұрын
You beat me to it.
@chuckygobyebye
Жыл бұрын
It is a stupid spelling. Apparently it's the old word for sandbank but the sandbank spelling is 'key' as in 'Florida keys'.
@pdelong42
Жыл бұрын
I learned this the hard way when I was on vacation in Ireland. I'm looking for the "quay"... why to people keep telling me about the "key"...? ;-)
@alexanderphilip1809 Жыл бұрын
If I may I'd like to suggest a couple of video ideas. -S.Korean economic policy from Rhee govt till Park Chung He's death. -Samsung Electronics's rise and their early struggles(especially what compelled them to be export focused) Also - Different policies and tools employed by PRC after Deng's decision to open up and their effects on China's economic and technological capabilities. - Why India's Planning commission failed while it Planning bore fruit in places like Taiwan, S.Korea, France and China. I feel like you are the only serious youtuber who'd have any interest in these topics. They are broad and long but very intriguing. Again these are just suggestions. hope you might at some point in the future see this and decide to do a video on atleast two of them.
@RaphaelChenault Жыл бұрын
"my fourth favorite metal ship with the letter i in its name" Your snark does not go unappreciated.
@anonymousAJ
Жыл бұрын
Snark? Maybe he's just a wine snob
@schwinn434
Жыл бұрын
@@anonymousAJ I don't get the pun
@JackWse
20 күн бұрын
The Titanic, reminds me of my third favorite ice cube tray lol.
@Ben..... Жыл бұрын
Laughed out loud when he refused ship delivery so the Chebol just said, "We will do it ourselves."
@thesketchydude1315 Жыл бұрын
Dae Sun shipbuilding and Mirae shipyards have to be my favorite Korean shipbuilders, Dae Sun's ferries are incredible, especially the 3 160 meter ones built for Hanil and its subsidiaries, and as for Mirae they make good small sized ferries (many of which have been sold abroad to places like the Philippines, Indonesia, and India)
@Flor-ian Жыл бұрын
2 things: (1) you must work like HMM to upload this much quality and (2) the “stay afloat” line to close out the script was a nice touch; always enjoy the content!
@HardDiskSpeaker Жыл бұрын
Thank you for great video Asianometry! It's awesome to see more Korean subjected videos. Recently Korean Ship building industries are suffering from lack of manpowers because foreign wokrers were left during Covid-19 and could not replenished by domestic workers because of low payment which was sufficient for foreign workers. Also domestic workers were got wage froze(some of them are earlyer than Covid-19.) and not been resolved yet. So shipbuilder has been not very attractive job in South Korea.
@ericsteenbergen9470
Жыл бұрын
Luckily Korea has a large support industry that seems to do extremely well, US civilian ships use tons of Korean davits (small limited functionality cranes that are all over most ships), ladders and heavy electric motors all used in shipyards all around the world! The motors in particular get adapted into a lot of things, even some european and US manufacturers building things like Capstans say they arent a Korean company but once you pull the covers, korean motor! They work great too.
@MyeongKyo.S
Жыл бұрын
Apart from the wage problems there's also the problem that there are massive alternative job opportunities elsewhere in South Korea. Skilled welders for example are hired massively at the constructions sites of gigantic Samsung fabs under construction at Pyeongtaek. Since they are way better paid than in shipyards, it's a nobrainer that they are leaving for better jobs. Marine engineers are also leaving to growing aerospace sector like that of KAI, which is undergoing some major defense related programs, since the fluid dynamics and structural mechanics are very similar.
@ahnshome Жыл бұрын
It is well known to Koreans that in the 1960s, Ju-Young Chung, the founder of the Hyundai group, won ship orders from Europe when he did not have any shipyard. He showed a field in Korea to the buyers and said, "We will build the shipyard here to make your ship”.
@LuisAldamiz Жыл бұрын
So that's how my uncle, who was a naval engineer working for the main Basque shipyard, Euskalduna, lost his job: while Korea heavily subsidized their industry, here the slogan was exactly the opposite: dismantle state industry... Now we're little more than a tourist destination. Sad.
@ajax700
Жыл бұрын
Policies always have a human side, consequences. Quién sabe si la tan hablada división internacional del trabajo realmente funciona con tanta corrupción y mercados intervenidos. Los gobiernos recientes de España se parecen demasiado a Venezuela y Argentina, una pena. Quizás no es tan malo cerrar empresas que administradas por políticos corruptos las pagará carísimo el contribuyente. Quizás se podían privatizar eficientemente. Quien sabe. Abrazo.
@raylopez99
Жыл бұрын
Why is it sad? Profit margins on tourism are probably like that of software, 50% or more. Profit margins on shipping (especially with state sponsored China as a competitor) I bet are less than 10%. Better to dress up in traditional garb and play the mandolin for dumb American tourists with lots of money to burn?
@jxmai7687
Жыл бұрын
Dismantle state industry only help the rich, that is what is happening around the world.
@OmmerSyssel
Жыл бұрын
@@jxmai7687nonsense, everyone knows communism doesn't serve anyone in the long run! If you can't compete, upgrade or develop other areas!
@OmmerSyssel
Жыл бұрын
So what? Did you ever work in this tough production, most likely not! How outworn were you're father and his colleagues? No reason for romanticism! If you can't compete, upgrade or develop other business areas. How about recognising the tremendous positive impact Guggenheim Museum had on Bilbao, practically nothing but wasteland ...
@kimchi_taco Жыл бұрын
As a spoiled korean engineer working in office with full a/c with sorta wlb concept, i can not imagine how those 70's engineers built shipyard and ship together from nothing w/o any experiences w/o computer w/o googling. I feel current generation IQ is lower than those badasses.
@AdamBorseti Жыл бұрын
2:18 "and here is where the Koreans come in" video interrupted by a Kia ad 😂
@anthonydivon5571 Жыл бұрын
Longbottom a true sailor's name
@OmmerSyssel
Жыл бұрын
His wife were famous as Longbosom, but thats another story
@freemind62 Жыл бұрын
I never thought I’d see a picture of my house in a video on Korean Shipbuilding 😮
@ceosealemon Жыл бұрын
In Korea , the population is large and the farmland area is too small, so the country can operate only when the industry is developed. Wheat and corn depend mostly on imports. There are too few resources and most of them rely on imports of oil, gas, and coal. Even if there was no domestic demand, we had to make something and export it. Agriculture is necessary, but not much labor. One tractor replaces 200 workers. Steel mills were being built and steel was pouring out. Something had to be made and exported. The shipbuilding industry was the source of demand for millions of tons of steel. At that time, Korea had a lower national income than the African average. Chung Ju-young is a great giant. He is the father of Korean industry. The 260,000-ton tanker was built without any experience. kzread.info/dash/bejne/mYhn2LV7eqzMkrA.html
@youcantata Жыл бұрын
Success of Korean shipbuilding industry is great inspiration to other developing countries. With right mix of ambitious and visionary businessmen, government policy, and hardworking people, they archived great feat, unthinkable for small, poor developing country, 70's South Korea '. Kudo to Korean people. Shipbuilding is one of the most complex industries to master and succeed. It takes well-coordinated endeavor of whole national industry, even for large country. Shipbuilding itself is no so profitable business due to pierce international competition, but mastering such complex feat can lead to competitiveness on other complex advanced industry like car manufacturing and semiconductor industry, important gateway for developing country to advance to developed country. Hyundai conglomerate succeeded in all three industries, Hyndai shipbuilding, Hyndai automobile, Hyndai steel mill, and former Hynix semiconductor, though Hynix is sold to other Korean conglomerate. Hyundai even make modern main battle tank, K-2 Black Panther, exported to Poland recently.
@YaoiMastah Жыл бұрын
My great grandfather founded a shipyard. It was the first of it's kind in The Netherlands: producing inland fishing vessels out of steel. The shipyard grew and grew until it's final demise in 2012. From what I gathered, the most important factors for the succes (or failure) of a shipyard are technology and market. We see the weight of shipbuilding shift from continental Europe to the UK to the USA to Japan to South-Korea and now to China, whenever there's a technological breakthrough and a shift in market. Our shipyard fared well, because the Japanese didn't bother themselves with European inland vessels and the Eastern-European steel mills (and their cheap labor) was safely behind the Iron Curtain. This all changed when the Chinese gotten technology from the Japanese (and improved it) and saw that there's a market for ships to ply the far-flung European rivers. There's no turning back. I often hear policymakers mumble about 'the good old days' and bringing shipbuilding back to Europe. But the gap in technology and knowledge is as large as saying that Europe should be having their own TSMC. Literally. I hear the French and the Danes are making strides, but they asked the Koreans to teach them modern shipbuilding. But unless they also improve and innovate something new, they'll be losing the torch of shipbuilding to another one. Last I heard is to look out for Vietnam.
@5anjuro Жыл бұрын
Thanks for another great video. Looking forward to the Saturday meetup!
@gikigill788 Жыл бұрын
Early in the morning in Australia and this video drops. Good way to start the day👍
@Gameboygenius
Жыл бұрын
Then it would be early morning in Taiwan as well, where Jon is located.
@ytn00b3 Жыл бұрын
Knowing SoKo no longer compete against cheaper Chinese competitors, they've invested in more sophisticated and higher end of LNG power and LNG transporters from Cargo & merchant ships. SoKo only produce cheaper cargo & merchant ships for domestic consumption and earns more from value added service export from servicing the ships including naval ships and now making naval ships and investing more onto green energy transporters beating Chinese competitors. SoKo knows their ship building won't last long, so they're already trying to downsize and utilize robotics and absorbing more European ship companies and engineers for more sophisticated ships.
@marcfruchtman9473 Жыл бұрын
Such a great source of information... thank you for making this historic review.
@mcspikesky Жыл бұрын
Lovely subtle accent change at 10:00
@miroslawkaras7710 Жыл бұрын
Gratelly apreciate for the detail insits. Amaizing job.
@rahulraghu4928 Жыл бұрын
Wake up babe new Asianometry dropped.
@ChadPANDA...
Жыл бұрын
It's 4:30 am let your babe sleep
@singaporeseaslugs1393
Жыл бұрын
@@ChadPANDA...4:30am is early enough 🫡
@JohnLee-db9zt Жыл бұрын
Answer: Robots and AI. Koreans can do both.
@syndrome792211 ай бұрын
Daewoo Shipbuilding was absorbed by Hanwha Group and is now Hanwha Ocean
@squidgameman441 Жыл бұрын
Commercial and military vessels are crucial in trade and commerce, and I hope Korean govt strives to higher quality shipbuilding and better safety standards. Also Koreans should try to produce as many Korean captains/crew as much as we produce ships - like how Korean fishermen used to dominate Atlantic fishing industry in the 1980s.
@CatFish107
Жыл бұрын
Korea supplies the ships, and the Philippines supplies the sailors. Imagine if the Philippines floated enough tonnage to employ all their seafarers!?
@OmmerSyssel
Жыл бұрын
@@CatFish107😂luckily the quality of Korean shipbuilding are way better than Philippines navigational qualities! 😱😉😅
@carlosignacio6711 Жыл бұрын
What a wonderful video to see while i cook in my Hyundai™ electric oven, which i brought home in my Hyundai Motor Company™ Santa Fe and was shipped via Hyundai Merchant Marine™ in a ship built in the Hyundai Heavy Industries™ shipyard that was constructed by Hyundai Engineering & Construction™.
@sirfer6969 Жыл бұрын
Love your work...Asianometry is always educational and enlightening... PS..."Quay" is pronounced as "key"...I know...English, right?
@daveedwards1667 Жыл бұрын
at around 4:30 the image of Busan is actually Long Beach California - you can see the Spruce Goose dome and the Queen Mary 😅
@ronjon7942
Жыл бұрын
Well, heck, great eye! Dang.
@Dave_Sisson Жыл бұрын
While East Asian shipbuilders dominate cargo ships, European shipyards still dominate the more specialised cruise ship and large ferry segment. Other countries with expensive labour control their own niches as well, such as the two Australian companies that have a monopoly on the big 40 knot catamarans that carry trucks, cars, and 1000+ passengers. So it's not as simple as saying East Asia builds the most ships, there are quite a few segments where they have no presence at all.
@alay9159
2 ай бұрын
Not yet.
@thomasjordan2153 Жыл бұрын
Hello Mr. Asianometry please could you do a video about Japan’s Ministry of International Trade and Industry thank you very much
@CatFish107 Жыл бұрын
The insights, and knowledge gain to be found in this channel are always a sure thing for me. But your classification of RMS Titanic is the first bust a gut laugh I've hit. Nice one.
@CatFish107
Жыл бұрын
Psst. Quay is commonly pronounced "key" One of those words that made me go "what? How do you get that?" when I first heard it used by folks that live near Lonsdale Quay.
@alanywalany6460
Жыл бұрын
Can you explain the Titanic comment?
@doodoopoopoo1997 Жыл бұрын
nice vid man
@ivanhere6292 Жыл бұрын
i talked to captian who delivered from both korean and china shipyard.. South korean even it cost significantly more then compared to china..their quality of ship is way better which justify the price
@Ukit50
Жыл бұрын
When I ask our company representative to justify why we choose Japan over Korea. Japan quality workmanship compare to Korean was their reason opt for Japan, furthermore small 1 or 2 order was not much difference in term of price over quality
@ivanhere6292
Жыл бұрын
@@Ukit50 yeah something japan has an edge over korea .. but something korea has the edge instead.. usually the company who commission the vessel get to option to decide what they want installed and shipyard will accommodate even some part are not from that shipyard .. but ya top 8 shipyards are in japan , Korean , china .. japan and Korea cant slack or might loose it edge over time to china
@Ukit50
Жыл бұрын
@@ivanhere6292 Japanese shipbuilder has no choice, they had to form JV with Chinese builder to keep them survive though they have to impart they skill and technology over to China. China had no choice but to accept Japan partnership to acquire knowledge especially very large crude oil tanker and LNG tanker. Korean competitive price is the giant killer to Japan ship builder and China relative cheaper price gave them an edge over Korea.
@ivanhere6292
Жыл бұрын
@@Ukit50 Yeah that is competition. the country can help to ease or gain some advantages but ultimately it is the company's responsibility to understand its current standing in the marketplace and strategize accordingly to close the sale and get the business ..at the end the customer benefits from all this competition
@OmmerSyssel
Жыл бұрын
@@ivanhere6292if quality standards are ignored, as often seen with Chinese products, customers and environment will pay a high price! I've stopped buying Chinese products, and have the impression it's a growing trend.
@ajax700 Жыл бұрын
It is amazing how the USA, UK (and some Europe big powers) deindustrialized knowingly, and even collaborating in it many times. The rust belt, loss of most manufacturing jobs, the deserted and bankrupt Detroit (all in USA). It seems the only industry which is still not outsourced is the military industrial (and political) complex, for which USA citizens forcedly pay a fortune in taxes for a little elite to benefit. USA military size, spending, amount of overseas bases and covert operations are obscene. Very good adaptability skills from South Korea, absorbing ships not sold because of the 1973 oil crisis. Best wishes.
@himanshusingh5214
Жыл бұрын
They will be destroyed by China Now.
@MyeongKyo.S
Жыл бұрын
Though, in terms of the Aerospace and Defnse industries, there have been some serious consolidation efforts for several decades that have only settled down in recent years after the turn of the century. It's also a more complex matter linked to national security where outsourcing is a definite no-go. Also, more than anything, it's such a cutting edge high-tech field that it can sustain itself despite the high labor costs and as you've pointed out, that mainly because it's a government-funded industry. Though in the same time I wouldn't necessarily call them subsidies since there are some subtle differences to an average subsidy and the goods and services provided by the MICs.
@ajax700
Жыл бұрын
@@MyeongKyo.S Consolidation efforts like Boeing merging with McDonell Douglas, that end in scandals like the Boeing 737 MAX scandal. I'm not convinced it is really beneficial for society. USA has crisis because of political corruption on so many fronts today. Best wishes.
@td90503 Жыл бұрын
Time code 4:38 is listed as Busan, but picture is Long Beach California.
@SW-hw1mm Жыл бұрын
Excellent production 👏 👏 👏
@peterers3 Жыл бұрын
Really interesting Episode
@uberthought Жыл бұрын
i do like your work. Thank you.
@totsm23 Жыл бұрын
4:37 Busan looks an awful lot like Long Beach, California :D
@Gamer_1745
Жыл бұрын
Yep, I saw that too.
@MaxSupercars Жыл бұрын
Great video! I like the ships and everything around them.
@TzviLangermann Жыл бұрын
Very informative!
@XxLIVRAxX Жыл бұрын
I love the shipbuilding industry, this video is a real treat, great job!
@nexusyang4832 Жыл бұрын
Hello from Kaohsiung. 😎
@Datamining101 Жыл бұрын
Shows what you can do with extraordinary government protection.
@ajax700
Жыл бұрын
Japan protected many strategic industries and lost leadership on many since 1990. Semiconductor, automobile, steel, ships, electronics. So not so sure. Best wishes.
@raylopez99
Жыл бұрын
@@ajax700 The JP GDP/capita is still rising tho, because the "per capita" is falling. The "Joe Studwell" thesis of the OP is alive and well. One reason: after you get big enough, economies of scale means that even if you're not that efficient or superior, people will come to you anyway. The old "Microsoft OS vs Unix" or "Betamax vs VHS" format argument.
@OmmerSyssel
Жыл бұрын
Tiny Denmark became world leading in development, manufacturing and construction of Wind Turbines and Offshore Windparks with government subventions. Today it is all independent business, creating huge profits economical and societal. You can observe the benefits from this business all over the world ...
@rustix3 Жыл бұрын
0:19 I was expecting to see Greece in top 10.
@badrinair Жыл бұрын
thank you . these ships are engineering marvels
@darrelllancaster95547 ай бұрын
Very educational. 👍
@andrewnorris7642 Жыл бұрын
Could you consider doing a video about trucking or the IT boom in India?
@mattbland238011 ай бұрын
I’m an avid fan and love your videos. One minor point ‘quay’ isn’t pronounced as kway, it’s spoken the same as ‘key’. I know, weird, it comes from French.
@MyeongKyo.S Жыл бұрын
Good video. Though there are some very interesting topics regarding Korean Shipbuilding not covered in this video, such as the deep struggles in the 2010s and recent resurgence fueled by LNG, the limitations of Korean shipbuilding, etc which I think are very important in explaining Korean shipbuilding industry... Maybe a future video topic?
@AnimeSunglasses Жыл бұрын
5:52 _Quay_ is supposed to be pronounced "key", because English is determined to be the most chaotic language.
@thany3 Жыл бұрын
"Drifted towards metal ships" yeah I see what did there.
@cafemm Жыл бұрын
I can't even imagine the pain of doing all that work and then the two halves of the ship not fitting
@OmmerSyssel
Жыл бұрын
Actually happened.. 😱 On a way smaller scale, but still a painful and expensive mess for the Shipyard.
@crewneckdeath6801 Жыл бұрын
can you please make a video on Indian Shipbuilding Industries.
@user-hk4xo2us4k3 ай бұрын
Please make a video about Casio
@petar02345 Жыл бұрын
Cool story.I plan to join cruise industry so this is nice to know...
@hwp998017 ай бұрын
4:35🤔Do you see RMS Queen Mary? Apparently, that is not Busan ...
@BrassLock Жыл бұрын
Very interesting 😊
@clangerbasher Жыл бұрын
Thank you.
@capmidnite Жыл бұрын
15:33 That's a picture of the Showa Steel Works in Japanese-occupied Manchuria, during the 1930s.
@quizzzick7662 Жыл бұрын
Not seeing Taiwan on the graphic for building ships in the Asia section. Are they included with China?
@hurrikkkanes2533
11 ай бұрын
nope
@henrymeyer791 Жыл бұрын
Good video
@georgeaird4637 Жыл бұрын
5:50 Just wanted to let you know ‘Quay’ is pronounced like ‘Key’
@JackWse20 күн бұрын
My fourth favorite ship, with the letter I in its name... The shade has been cast!
@andreaziz5499 Жыл бұрын
portsmouth is royal navyl head quarters in hampshire
@shaider1982 Жыл бұрын
12:00 man, I feel bad for them.
@nhibbs39 ай бұрын
Small correction: quay is pronounced “key”
@capmidnite Жыл бұрын
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.
@user-kr3fj6op7t
11 ай бұрын
그 반대가 되버렸네~~
@FirstLast_Nba Жыл бұрын
Excellent
@user-uy5qb1sh6t Жыл бұрын
I just noticed that Nigeria is 1.72%, not a big number but suprisingly for such country!
@thany3 Жыл бұрын
3:28 You speak of Japan, but that is not a picture of anywhere in Japan... They drive on the left in Japan.
@malithaw Жыл бұрын
Small correction, 'Quay' isn't pronounced as KUE, it's simply pronounced as key.
@javasoy Жыл бұрын
rapid rise and rapid decline.
@RikkiCat09 Жыл бұрын
We must thank such high quality videos!! In the order of Europe and the United States → Japan → South Korea/Taiwan → China, we are just doing world-scale slash-and-burn agriculture in each field (steel manufacturing, ships, home appliances, semiconductors, etc.). When the harvest decreases, the leading role is replaced. Sadly, all that is left is a burnt field.
@raylopez99
Жыл бұрын
That's capitalism: pick first the low-lying fruits, then, hopefully, an educated workforce will do better in the next generation. BTW do you know how Amazon rainforest people treat the environment? Like sh it. They slash and burn, they spoil the fields, they defecate in mountain streams, they loot the environment. So why do they get away with it? Because there's so few of them, the "carrying capacity" of the rainforest can support such destructive behavior. But when there's 8 billion people on earth, you have to be more responsible.
@OmmerSyssel
Жыл бұрын
What do you mean? Spill over effect plays a role in shipbuilding like other industries. After closing the Danish shipyard which build those days world largest container vessels for AP Møller, they created alternative occupation in production and maintenance within Offshore and Wind turbine business. You have to embrace new technologies instead of clinging to past possibilities.. Perhaps the MAGA fanatics should have inspired megalomaniac Orange Man likewise, instead of stupidly bragging about long past possibilities in outdated Coal industry? 🤷🏼
@raylopez99
Жыл бұрын
@@OmmerSyssel You sound intelligent. And your keyboard can make the "ø" character. So you must be European and not a MAGA supporter.
@ronjon7942 Жыл бұрын
1974 - over 28,000 ship orders placed? I had no idea. I didn’t even think there were than many in existence! When describing the industry, is your use of ‘we’ telling us something about you?
@garethjones909 Жыл бұрын
Quay is pronounced key, as in Torquay
@NooneStaar Жыл бұрын
12:04 womp womp LOL
@FrederSnorlax Жыл бұрын
No footage of the korean ship building mechs and exoskeletons?? I think they call them “man portable cranes”
@1slow370 Жыл бұрын
@0:54 I think you meant BIG wood.
@andanandan6061 Жыл бұрын
Apparently it starts shifting to South East Asia
@xXxSkyViperxXx Жыл бұрын
i wish my country can follow on the footsteps of the korean shipbuilding industry. my country is also an archipelagic country surrounded by water on all sides. the infrastructure issues or the lack of infrastructure are also due to the difficult geography
@raylopez99
Жыл бұрын
What country is that? New Zealand? The Philippines? Micronesia? Or, my favorite, Diego Garcia?
@himanshusingh5214
Жыл бұрын
Obviously it's either Phillippines or Indonesia. But I suspect Phillippines since they are the most Christan country in that region and wish they were like the non-converted countries (China, Korea, Japan, Vietnam, Thailand).
@xXxSkyViperxXx
Жыл бұрын
@@himanshusingh5214 what does religion have to do with that???
@himanshusingh5214
Жыл бұрын
@@xXxSkyViperxXx When I see at the countries of South America, Sub Saharan Africa and South (East) Asia, I see incompetence. When I look at countries which were not colonized like Iran, they are very Industrialized and self sufficient. Their countries are clean and they have low crime rates. Countries which were colonized by Japan received a heavy dose of Industrialization and literacy rate too. China was Fortunate that it was united when Europe was on a colonizing spree otherwise it would probably be a Christian shithole too.
@himanshusingh5214
Жыл бұрын
@@xXxSkyViperxXx Thailand was not colonized. Myanmar, Laos, Cambodia and Vietnam were. Compare Thailand to these countries. Which countries look richer?
@uludak8468 Жыл бұрын
ship industry is huge but semiconductor took 20 % of SKoreas export value (before global decline) and are their biggest chunk
@himanshusingh5214
Жыл бұрын
Their refined oil exports are more than Ship.
@MyeongKyo.S
Жыл бұрын
Though Shipbuilding is also more labor intensive and plays as much a role in employment despite lower or negative turnovers. There's a reason South Korean government kept companies like DSME afloat for several years with huge amounts of subsidies. Though now we'll see how it goes since they're finally acquired by Hanwha and are possible of making a profit with growing LNG market.
@HallBr3gg Жыл бұрын
This just higlights the foolishness of the lack of industrial policy in the west.
@InsaneFirebat Жыл бұрын
I also think my volume is too low whenever I start your videos. Nope, just a delayed intro.
@catsspat Жыл бұрын
⚓🚢Ahoy!
@autumblak Жыл бұрын
Money makes friends out of enemies 11:44
@gundamgeneral Жыл бұрын
are you Asian Wick of youtube 😂😂 you produce a lot of vidz for a short time
@VicariousVoyager Жыл бұрын
Love your videos but quay is pronounced "key" 😅
@hdjfjd8
Жыл бұрын
funny to see u here😂
@jaredspencer3304 Жыл бұрын
American ship building is struggling. Which means our navy isn't getting the ships it needs. Since South Korea is a treaty ally, I wish we would contract with Korean firms to build US Navy ships. They'd be better, cheaper, and we'd get more of them sooner.
@nick21614
Жыл бұрын
Not really. The Navy doesn't have the money to buy more ships per year than they already are and building military vessels and commercials ships aren't 1:1. The US is still the leader in military shipbuilding technology.
@raylopez99
Жыл бұрын
@@nick21614 Nah. I think the OP is right, more bang for the buck if Newport News or whoever does US shipping had some competition.
@himanshusingh5214
Жыл бұрын
You should get them built by China. They will do it cheaper and they have a much larger scope of expansion. Win-Win technique
@himanshusingh5214
Жыл бұрын
.
@ericsteenbergen9470
Жыл бұрын
I mean, is it? I work in a shipyard building Oilers (amongst other things but oilers for now) for the US navy. These are 300+ million dollar ships and the navy just ordered 20 of them. And these are just support vessels. And no, dont get the Chinese to build US navy ships lol, the Chinese navy is mostly made up of 1970s era US ships that were sold off at the end of their american service life (the current old fleet oilers are doomed to this as well). In addition to the fact that US navy vessels have to be made in the us, from parts sources entirely within the US. This is standard for all defense industry projects, all in country, in house.
@Xylos101 Жыл бұрын
quay is pronounced key
@raylopez99
Жыл бұрын
Thanks but the general rule of thumb in English is to pronounce a word as you read it. That's why there's no accent marks in English. So Key West, FL is pronounced as "Key" not "Quay". How do you pronounce Niger, Africa? "Ney-ger". Same with "Quay", it's Key. And so on. Thumbs up if you lerned something.
@young1151 Жыл бұрын
Even though Korean ship building industry is dominating, still most of the profits go to European companies who hold crucial patents.
@haha-eg8fj
Жыл бұрын
Korea doesn’t dominate shipbuilding market. It’s China which gets 49% of the total shipbuilding orders in 2022.
@danielcreatd872
8 ай бұрын
@haha-eg8fj Yes by the number of ships, but not by tonnage.
@davidwell686 Жыл бұрын
Difficult business to make a profit.
@hellboystein2926 Жыл бұрын
US Shipbuilding has LESS market share that the one of Poland or even of Nigeria, so waht does this tell us about the 'domination of the seas' according to Mahan in respect of the 'Old and new Superpowers' in the world?!
@samsadeniz
Жыл бұрын
Thank your corrupt Unions.
@ryandarrah4247 Жыл бұрын
IMO this implies usa shipbuilding requires severe depression in the usa. Hmmn, Great Depression helped make America the great ww2 factory
@andrewmalcolm79 Жыл бұрын
quay is generally pronounced as in key? Well, it is around these here parts anyway. And Lithgow is generally pronounced lith go as in Glasgow which is pronounced Glaz go where z as in Zimbabwe. This guy can't pronounce it either but there are loads of Scottish in his comments section to. kzread.info/dash/bejne/q3-Tw7eLp66bZ9I.html Anyway, great channel, keep up the good work!
@mdavid2822
Жыл бұрын
"Quay" and "key" are indeed homophones. That's a tricky one.
Пікірлер: 345
i will never understand how you push out this many high quality videos this fast
@hayer70
Жыл бұрын
I think he has some ai chained to the pc in a dungeon somewhere by
@cv990a4
Жыл бұрын
Meth, it's what's for dinner...
@JewFroBro
Жыл бұрын
Interns
@AllocatorsAsia
Жыл бұрын
He’s man of focus, commitment, and sheer fkn will
@alexo6960
Жыл бұрын
He is a robot!
The shipyards themselves are also some of the most insane and underrated infrastructure projects out there, the massive drydocks, cranes, and assembly/mfg buildings required are nuts
@ericsteenbergen9470
Жыл бұрын
Oh yeah, even old school sliding ways and floating drydocks are insanely huge. And that's ignoring just yard space! Modern ships are built in blocks then assembled together into a hull, and those blocks and the steel and weld yards that feed them take up miles.
@MyeongKyo.S
Жыл бұрын
True. I'm a bit disappointed how he left out some more details on the difficulties those arised while Hyundai built their first shipyards for example. It's such an interesting story.
@blyat7276
Жыл бұрын
@@MyeongKyo.S what were some of the problems hyundai faced?
@ivanhere6292
Жыл бұрын
any shipyard is quite an operation . the most complex ship to make or repair is naval or cruise ship..
@user-bk2zk6rq2b
Жыл бұрын
@@blyat7276 There is no cruise ship. And they should pay LNG ship 5% royalty to French engineering company ''GTT'' So there is low net income. And ship heavy industries are threaten by chinese companies. So there is dismal future.
This is a depressing part of my family history. I was born in Sunderland, UK, at one point the largest shipbuilding town on the planet. It was in final decline in the 1980s when I was growing up. One more industry that collapsed at that time. The Japanese and then the Koreans ate our lunch.
@seanpruitt6801
Жыл бұрын
I’m American but seeing the decline in British ship building hurts for some reason. The British built some absolutely astonishing ships. World class. Now it’s not a player at all. Same can be said here. All we build is naval ships with 4-5 ocean going ships a year. We have a few shipyard acts to strengthen our shipyards and modernize them but it’s still bleak.
@fensoxx
Жыл бұрын
@@seanpruitt6801 and we pump billions into military defense of South Korea.
@andanandan6061
Жыл бұрын
And now Japan and Korea start singking replaced by Lot of China cheap sh1t. So freaking cheap that Netherland and several European shipping companies order from China ship building. But now Order is Stopped. They start looking for other cheap Shipyard that apparently they have found in South East Asia.
@ROIDDDDD
Жыл бұрын
@@seanpruitt6801 Even naval shipbuilding can not be continued because of more productive and efficient South Korean naval ships.
@capmidnite
11 ай бұрын
@@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.
Interesting! I am a Machinery and Equipment Tester at an American shipyard, we have Korean equipment dealers coming through all the time! The vendor representatives almost always bring Soju as a gift, but as drinking is absolutely not an acceptable part of work culture here so my senior engineer has a closet full of dozens of bottles collected over the years, though rumor is the higher ups raid it when we are all out on sea trials! We install a lot of Korean build equipment and from experience I can say it is all strong and reliable but also about as cost cut as physically possible. Davit hoisting wires dont come on spools, they come in a sack. If a support bar can be made of a bolt welded in place, it will be. And if you didnt specify you need all accessories included with each unit rather than one for an order of dozens you wont get them! I dont mean that in a negative way, it is always fit for purpose and I admire the savings. Though I do hear many dark rumors from our representatives that visit the korean yards. I have never visited myself, but it is very, very commonly stated that those shipyards wouldn't exactly meet US OSHA standards, far from it. But it is probably cheaper.
@davidjacobs8558
Жыл бұрын
well, that's why all the factories left USA, to countries where there is no OSHA. Steve Jobs was no dummy.
@havencat9337
Жыл бұрын
so they come with cost advance due to the standards...i think they should be dropped to be able to compete
@ericsteenbergen9470
Жыл бұрын
@davidjacobs8558 I mean you say that, we still have massive shipbuilding infrastructure here stateside, the yard I work at (which is not the only shipyard in town) has nearly four thousand employees all quite well covered by OSHA. Sacrificing safety standards is a short term benefit as you lose people. Hell, we lose people here but they lose more and the loss of talented and experienced workers will always hurt you no matter how many you think you can afford.
@Daydream2142
Жыл бұрын
that rumor is 100% true. working at shipyards is Korean equivalent of joining military in US. you might get injured or even killed while working but you make relatively good money. Korea will lose its no.1 spot pretty soon because of lack of skilled workers and increased reliance on foreign workers. that's exactly how Japan lost its no.1 spot years ago.
@magnetospin
Жыл бұрын
Why doesn't the senior engineer take the Soju home?
FYI “quay” is pronounced “key”. It’s one of those strange old words.
@bobgroves5777
Жыл бұрын
You beat me to it.
@chuckygobyebye
Жыл бұрын
It is a stupid spelling. Apparently it's the old word for sandbank but the sandbank spelling is 'key' as in 'Florida keys'.
@pdelong42
Жыл бұрын
I learned this the hard way when I was on vacation in Ireland. I'm looking for the "quay"... why to people keep telling me about the "key"...? ;-)
If I may I'd like to suggest a couple of video ideas. -S.Korean economic policy from Rhee govt till Park Chung He's death. -Samsung Electronics's rise and their early struggles(especially what compelled them to be export focused) Also - Different policies and tools employed by PRC after Deng's decision to open up and their effects on China's economic and technological capabilities. - Why India's Planning commission failed while it Planning bore fruit in places like Taiwan, S.Korea, France and China. I feel like you are the only serious youtuber who'd have any interest in these topics. They are broad and long but very intriguing. Again these are just suggestions. hope you might at some point in the future see this and decide to do a video on atleast two of them.
"my fourth favorite metal ship with the letter i in its name" Your snark does not go unappreciated.
@anonymousAJ
Жыл бұрын
Snark? Maybe he's just a wine snob
@schwinn434
Жыл бұрын
@@anonymousAJ I don't get the pun
@JackWse
20 күн бұрын
The Titanic, reminds me of my third favorite ice cube tray lol.
Laughed out loud when he refused ship delivery so the Chebol just said, "We will do it ourselves."
Dae Sun shipbuilding and Mirae shipyards have to be my favorite Korean shipbuilders, Dae Sun's ferries are incredible, especially the 3 160 meter ones built for Hanil and its subsidiaries, and as for Mirae they make good small sized ferries (many of which have been sold abroad to places like the Philippines, Indonesia, and India)
2 things: (1) you must work like HMM to upload this much quality and (2) the “stay afloat” line to close out the script was a nice touch; always enjoy the content!
Thank you for great video Asianometry! It's awesome to see more Korean subjected videos. Recently Korean Ship building industries are suffering from lack of manpowers because foreign wokrers were left during Covid-19 and could not replenished by domestic workers because of low payment which was sufficient for foreign workers. Also domestic workers were got wage froze(some of them are earlyer than Covid-19.) and not been resolved yet. So shipbuilder has been not very attractive job in South Korea.
@ericsteenbergen9470
Жыл бұрын
Luckily Korea has a large support industry that seems to do extremely well, US civilian ships use tons of Korean davits (small limited functionality cranes that are all over most ships), ladders and heavy electric motors all used in shipyards all around the world! The motors in particular get adapted into a lot of things, even some european and US manufacturers building things like Capstans say they arent a Korean company but once you pull the covers, korean motor! They work great too.
@MyeongKyo.S
Жыл бұрын
Apart from the wage problems there's also the problem that there are massive alternative job opportunities elsewhere in South Korea. Skilled welders for example are hired massively at the constructions sites of gigantic Samsung fabs under construction at Pyeongtaek. Since they are way better paid than in shipyards, it's a nobrainer that they are leaving for better jobs. Marine engineers are also leaving to growing aerospace sector like that of KAI, which is undergoing some major defense related programs, since the fluid dynamics and structural mechanics are very similar.
It is well known to Koreans that in the 1960s, Ju-Young Chung, the founder of the Hyundai group, won ship orders from Europe when he did not have any shipyard. He showed a field in Korea to the buyers and said, "We will build the shipyard here to make your ship”.
So that's how my uncle, who was a naval engineer working for the main Basque shipyard, Euskalduna, lost his job: while Korea heavily subsidized their industry, here the slogan was exactly the opposite: dismantle state industry... Now we're little more than a tourist destination. Sad.
@ajax700
Жыл бұрын
Policies always have a human side, consequences. Quién sabe si la tan hablada división internacional del trabajo realmente funciona con tanta corrupción y mercados intervenidos. Los gobiernos recientes de España se parecen demasiado a Venezuela y Argentina, una pena. Quizás no es tan malo cerrar empresas que administradas por políticos corruptos las pagará carísimo el contribuyente. Quizás se podían privatizar eficientemente. Quien sabe. Abrazo.
@raylopez99
Жыл бұрын
Why is it sad? Profit margins on tourism are probably like that of software, 50% or more. Profit margins on shipping (especially with state sponsored China as a competitor) I bet are less than 10%. Better to dress up in traditional garb and play the mandolin for dumb American tourists with lots of money to burn?
@jxmai7687
Жыл бұрын
Dismantle state industry only help the rich, that is what is happening around the world.
@OmmerSyssel
Жыл бұрын
@@jxmai7687nonsense, everyone knows communism doesn't serve anyone in the long run! If you can't compete, upgrade or develop other areas!
@OmmerSyssel
Жыл бұрын
So what? Did you ever work in this tough production, most likely not! How outworn were you're father and his colleagues? No reason for romanticism! If you can't compete, upgrade or develop other business areas. How about recognising the tremendous positive impact Guggenheim Museum had on Bilbao, practically nothing but wasteland ...
As a spoiled korean engineer working in office with full a/c with sorta wlb concept, i can not imagine how those 70's engineers built shipyard and ship together from nothing w/o any experiences w/o computer w/o googling. I feel current generation IQ is lower than those badasses.
2:18 "and here is where the Koreans come in" video interrupted by a Kia ad 😂
Longbottom a true sailor's name
@OmmerSyssel
Жыл бұрын
His wife were famous as Longbosom, but thats another story
I never thought I’d see a picture of my house in a video on Korean Shipbuilding 😮
In Korea , the population is large and the farmland area is too small, so the country can operate only when the industry is developed. Wheat and corn depend mostly on imports. There are too few resources and most of them rely on imports of oil, gas, and coal. Even if there was no domestic demand, we had to make something and export it. Agriculture is necessary, but not much labor. One tractor replaces 200 workers. Steel mills were being built and steel was pouring out. Something had to be made and exported. The shipbuilding industry was the source of demand for millions of tons of steel. At that time, Korea had a lower national income than the African average. Chung Ju-young is a great giant. He is the father of Korean industry. The 260,000-ton tanker was built without any experience. kzread.info/dash/bejne/mYhn2LV7eqzMkrA.html
Success of Korean shipbuilding industry is great inspiration to other developing countries. With right mix of ambitious and visionary businessmen, government policy, and hardworking people, they archived great feat, unthinkable for small, poor developing country, 70's South Korea '. Kudo to Korean people. Shipbuilding is one of the most complex industries to master and succeed. It takes well-coordinated endeavor of whole national industry, even for large country. Shipbuilding itself is no so profitable business due to pierce international competition, but mastering such complex feat can lead to competitiveness on other complex advanced industry like car manufacturing and semiconductor industry, important gateway for developing country to advance to developed country. Hyundai conglomerate succeeded in all three industries, Hyndai shipbuilding, Hyndai automobile, Hyndai steel mill, and former Hynix semiconductor, though Hynix is sold to other Korean conglomerate. Hyundai even make modern main battle tank, K-2 Black Panther, exported to Poland recently.
My great grandfather founded a shipyard. It was the first of it's kind in The Netherlands: producing inland fishing vessels out of steel. The shipyard grew and grew until it's final demise in 2012. From what I gathered, the most important factors for the succes (or failure) of a shipyard are technology and market. We see the weight of shipbuilding shift from continental Europe to the UK to the USA to Japan to South-Korea and now to China, whenever there's a technological breakthrough and a shift in market. Our shipyard fared well, because the Japanese didn't bother themselves with European inland vessels and the Eastern-European steel mills (and their cheap labor) was safely behind the Iron Curtain. This all changed when the Chinese gotten technology from the Japanese (and improved it) and saw that there's a market for ships to ply the far-flung European rivers. There's no turning back. I often hear policymakers mumble about 'the good old days' and bringing shipbuilding back to Europe. But the gap in technology and knowledge is as large as saying that Europe should be having their own TSMC. Literally. I hear the French and the Danes are making strides, but they asked the Koreans to teach them modern shipbuilding. But unless they also improve and innovate something new, they'll be losing the torch of shipbuilding to another one. Last I heard is to look out for Vietnam.
Thanks for another great video. Looking forward to the Saturday meetup!
Early in the morning in Australia and this video drops. Good way to start the day👍
@Gameboygenius
Жыл бұрын
Then it would be early morning in Taiwan as well, where Jon is located.
Knowing SoKo no longer compete against cheaper Chinese competitors, they've invested in more sophisticated and higher end of LNG power and LNG transporters from Cargo & merchant ships. SoKo only produce cheaper cargo & merchant ships for domestic consumption and earns more from value added service export from servicing the ships including naval ships and now making naval ships and investing more onto green energy transporters beating Chinese competitors. SoKo knows their ship building won't last long, so they're already trying to downsize and utilize robotics and absorbing more European ship companies and engineers for more sophisticated ships.
Such a great source of information... thank you for making this historic review.
Lovely subtle accent change at 10:00
Gratelly apreciate for the detail insits. Amaizing job.
Wake up babe new Asianometry dropped.
@ChadPANDA...
Жыл бұрын
It's 4:30 am let your babe sleep
@singaporeseaslugs1393
Жыл бұрын
@@ChadPANDA...4:30am is early enough 🫡
Answer: Robots and AI. Koreans can do both.
Daewoo Shipbuilding was absorbed by Hanwha Group and is now Hanwha Ocean
Commercial and military vessels are crucial in trade and commerce, and I hope Korean govt strives to higher quality shipbuilding and better safety standards. Also Koreans should try to produce as many Korean captains/crew as much as we produce ships - like how Korean fishermen used to dominate Atlantic fishing industry in the 1980s.
@CatFish107
Жыл бұрын
Korea supplies the ships, and the Philippines supplies the sailors. Imagine if the Philippines floated enough tonnage to employ all their seafarers!?
@OmmerSyssel
Жыл бұрын
@@CatFish107😂luckily the quality of Korean shipbuilding are way better than Philippines navigational qualities! 😱😉😅
What a wonderful video to see while i cook in my Hyundai™ electric oven, which i brought home in my Hyundai Motor Company™ Santa Fe and was shipped via Hyundai Merchant Marine™ in a ship built in the Hyundai Heavy Industries™ shipyard that was constructed by Hyundai Engineering & Construction™.
Love your work...Asianometry is always educational and enlightening... PS..."Quay" is pronounced as "key"...I know...English, right?
at around 4:30 the image of Busan is actually Long Beach California - you can see the Spruce Goose dome and the Queen Mary 😅
@ronjon7942
Жыл бұрын
Well, heck, great eye! Dang.
While East Asian shipbuilders dominate cargo ships, European shipyards still dominate the more specialised cruise ship and large ferry segment. Other countries with expensive labour control their own niches as well, such as the two Australian companies that have a monopoly on the big 40 knot catamarans that carry trucks, cars, and 1000+ passengers. So it's not as simple as saying East Asia builds the most ships, there are quite a few segments where they have no presence at all.
@alay9159
2 ай бұрын
Not yet.
Hello Mr. Asianometry please could you do a video about Japan’s Ministry of International Trade and Industry thank you very much
The insights, and knowledge gain to be found in this channel are always a sure thing for me. But your classification of RMS Titanic is the first bust a gut laugh I've hit. Nice one.
@CatFish107
Жыл бұрын
Psst. Quay is commonly pronounced "key" One of those words that made me go "what? How do you get that?" when I first heard it used by folks that live near Lonsdale Quay.
@alanywalany6460
Жыл бұрын
Can you explain the Titanic comment?
nice vid man
i talked to captian who delivered from both korean and china shipyard.. South korean even it cost significantly more then compared to china..their quality of ship is way better which justify the price
@Ukit50
Жыл бұрын
When I ask our company representative to justify why we choose Japan over Korea. Japan quality workmanship compare to Korean was their reason opt for Japan, furthermore small 1 or 2 order was not much difference in term of price over quality
@ivanhere6292
Жыл бұрын
@@Ukit50 yeah something japan has an edge over korea .. but something korea has the edge instead.. usually the company who commission the vessel get to option to decide what they want installed and shipyard will accommodate even some part are not from that shipyard .. but ya top 8 shipyards are in japan , Korean , china .. japan and Korea cant slack or might loose it edge over time to china
@Ukit50
Жыл бұрын
@@ivanhere6292 Japanese shipbuilder has no choice, they had to form JV with Chinese builder to keep them survive though they have to impart they skill and technology over to China. China had no choice but to accept Japan partnership to acquire knowledge especially very large crude oil tanker and LNG tanker. Korean competitive price is the giant killer to Japan ship builder and China relative cheaper price gave them an edge over Korea.
@ivanhere6292
Жыл бұрын
@@Ukit50 Yeah that is competition. the country can help to ease or gain some advantages but ultimately it is the company's responsibility to understand its current standing in the marketplace and strategize accordingly to close the sale and get the business ..at the end the customer benefits from all this competition
@OmmerSyssel
Жыл бұрын
@@ivanhere6292if quality standards are ignored, as often seen with Chinese products, customers and environment will pay a high price! I've stopped buying Chinese products, and have the impression it's a growing trend.
It is amazing how the USA, UK (and some Europe big powers) deindustrialized knowingly, and even collaborating in it many times. The rust belt, loss of most manufacturing jobs, the deserted and bankrupt Detroit (all in USA). It seems the only industry which is still not outsourced is the military industrial (and political) complex, for which USA citizens forcedly pay a fortune in taxes for a little elite to benefit. USA military size, spending, amount of overseas bases and covert operations are obscene. Very good adaptability skills from South Korea, absorbing ships not sold because of the 1973 oil crisis. Best wishes.
@himanshusingh5214
Жыл бұрын
They will be destroyed by China Now.
@MyeongKyo.S
Жыл бұрын
Though, in terms of the Aerospace and Defnse industries, there have been some serious consolidation efforts for several decades that have only settled down in recent years after the turn of the century. It's also a more complex matter linked to national security where outsourcing is a definite no-go. Also, more than anything, it's such a cutting edge high-tech field that it can sustain itself despite the high labor costs and as you've pointed out, that mainly because it's a government-funded industry. Though in the same time I wouldn't necessarily call them subsidies since there are some subtle differences to an average subsidy and the goods and services provided by the MICs.
@ajax700
Жыл бұрын
@@MyeongKyo.S Consolidation efforts like Boeing merging with McDonell Douglas, that end in scandals like the Boeing 737 MAX scandal. I'm not convinced it is really beneficial for society. USA has crisis because of political corruption on so many fronts today. Best wishes.
Time code 4:38 is listed as Busan, but picture is Long Beach California.
Excellent production 👏 👏 👏
Really interesting Episode
i do like your work. Thank you.
4:37 Busan looks an awful lot like Long Beach, California :D
@Gamer_1745
Жыл бұрын
Yep, I saw that too.
Great video! I like the ships and everything around them.
Very informative!
I love the shipbuilding industry, this video is a real treat, great job!
Hello from Kaohsiung. 😎
Shows what you can do with extraordinary government protection.
@ajax700
Жыл бұрын
Japan protected many strategic industries and lost leadership on many since 1990. Semiconductor, automobile, steel, ships, electronics. So not so sure. Best wishes.
@raylopez99
Жыл бұрын
@@ajax700 The JP GDP/capita is still rising tho, because the "per capita" is falling. The "Joe Studwell" thesis of the OP is alive and well. One reason: after you get big enough, economies of scale means that even if you're not that efficient or superior, people will come to you anyway. The old "Microsoft OS vs Unix" or "Betamax vs VHS" format argument.
@OmmerSyssel
Жыл бұрын
Tiny Denmark became world leading in development, manufacturing and construction of Wind Turbines and Offshore Windparks with government subventions. Today it is all independent business, creating huge profits economical and societal. You can observe the benefits from this business all over the world ...
0:19 I was expecting to see Greece in top 10.
thank you . these ships are engineering marvels
Very educational. 👍
Could you consider doing a video about trucking or the IT boom in India?
I’m an avid fan and love your videos. One minor point ‘quay’ isn’t pronounced as kway, it’s spoken the same as ‘key’. I know, weird, it comes from French.
Good video. Though there are some very interesting topics regarding Korean Shipbuilding not covered in this video, such as the deep struggles in the 2010s and recent resurgence fueled by LNG, the limitations of Korean shipbuilding, etc which I think are very important in explaining Korean shipbuilding industry... Maybe a future video topic?
5:52 _Quay_ is supposed to be pronounced "key", because English is determined to be the most chaotic language.
"Drifted towards metal ships" yeah I see what did there.
I can't even imagine the pain of doing all that work and then the two halves of the ship not fitting
@OmmerSyssel
Жыл бұрын
Actually happened.. 😱 On a way smaller scale, but still a painful and expensive mess for the Shipyard.
can you please make a video on Indian Shipbuilding Industries.
Please make a video about Casio
Cool story.I plan to join cruise industry so this is nice to know...
4:35🤔Do you see RMS Queen Mary? Apparently, that is not Busan ...
Very interesting 😊
Thank you.
15:33 That's a picture of the Showa Steel Works in Japanese-occupied Manchuria, during the 1930s.
Not seeing Taiwan on the graphic for building ships in the Asia section. Are they included with China?
@hurrikkkanes2533
11 ай бұрын
nope
Good video
5:50 Just wanted to let you know ‘Quay’ is pronounced like ‘Key’
My fourth favorite ship, with the letter I in its name... The shade has been cast!
portsmouth is royal navyl head quarters in hampshire
12:00 man, I feel bad for them.
Small correction: quay is pronounced “key”
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.
@user-kr3fj6op7t
11 ай бұрын
그 반대가 되버렸네~~
Excellent
I just noticed that Nigeria is 1.72%, not a big number but suprisingly for such country!
3:28 You speak of Japan, but that is not a picture of anywhere in Japan... They drive on the left in Japan.
Small correction, 'Quay' isn't pronounced as KUE, it's simply pronounced as key.
rapid rise and rapid decline.
We must thank such high quality videos!! In the order of Europe and the United States → Japan → South Korea/Taiwan → China, we are just doing world-scale slash-and-burn agriculture in each field (steel manufacturing, ships, home appliances, semiconductors, etc.). When the harvest decreases, the leading role is replaced. Sadly, all that is left is a burnt field.
@raylopez99
Жыл бұрын
That's capitalism: pick first the low-lying fruits, then, hopefully, an educated workforce will do better in the next generation. BTW do you know how Amazon rainforest people treat the environment? Like sh it. They slash and burn, they spoil the fields, they defecate in mountain streams, they loot the environment. So why do they get away with it? Because there's so few of them, the "carrying capacity" of the rainforest can support such destructive behavior. But when there's 8 billion people on earth, you have to be more responsible.
@OmmerSyssel
Жыл бұрын
What do you mean? Spill over effect plays a role in shipbuilding like other industries. After closing the Danish shipyard which build those days world largest container vessels for AP Møller, they created alternative occupation in production and maintenance within Offshore and Wind turbine business. You have to embrace new technologies instead of clinging to past possibilities.. Perhaps the MAGA fanatics should have inspired megalomaniac Orange Man likewise, instead of stupidly bragging about long past possibilities in outdated Coal industry? 🤷🏼
@raylopez99
Жыл бұрын
@@OmmerSyssel You sound intelligent. And your keyboard can make the "ø" character. So you must be European and not a MAGA supporter.
1974 - over 28,000 ship orders placed? I had no idea. I didn’t even think there were than many in existence! When describing the industry, is your use of ‘we’ telling us something about you?
Quay is pronounced key, as in Torquay
12:04 womp womp LOL
No footage of the korean ship building mechs and exoskeletons?? I think they call them “man portable cranes”
@0:54 I think you meant BIG wood.
Apparently it starts shifting to South East Asia
i wish my country can follow on the footsteps of the korean shipbuilding industry. my country is also an archipelagic country surrounded by water on all sides. the infrastructure issues or the lack of infrastructure are also due to the difficult geography
@raylopez99
Жыл бұрын
What country is that? New Zealand? The Philippines? Micronesia? Or, my favorite, Diego Garcia?
@himanshusingh5214
Жыл бұрын
Obviously it's either Phillippines or Indonesia. But I suspect Phillippines since they are the most Christan country in that region and wish they were like the non-converted countries (China, Korea, Japan, Vietnam, Thailand).
@xXxSkyViperxXx
Жыл бұрын
@@himanshusingh5214 what does religion have to do with that???
@himanshusingh5214
Жыл бұрын
@@xXxSkyViperxXx When I see at the countries of South America, Sub Saharan Africa and South (East) Asia, I see incompetence. When I look at countries which were not colonized like Iran, they are very Industrialized and self sufficient. Their countries are clean and they have low crime rates. Countries which were colonized by Japan received a heavy dose of Industrialization and literacy rate too. China was Fortunate that it was united when Europe was on a colonizing spree otherwise it would probably be a Christian shithole too.
@himanshusingh5214
Жыл бұрын
@@xXxSkyViperxXx Thailand was not colonized. Myanmar, Laos, Cambodia and Vietnam were. Compare Thailand to these countries. Which countries look richer?
ship industry is huge but semiconductor took 20 % of SKoreas export value (before global decline) and are their biggest chunk
@himanshusingh5214
Жыл бұрын
Their refined oil exports are more than Ship.
@MyeongKyo.S
Жыл бұрын
Though Shipbuilding is also more labor intensive and plays as much a role in employment despite lower or negative turnovers. There's a reason South Korean government kept companies like DSME afloat for several years with huge amounts of subsidies. Though now we'll see how it goes since they're finally acquired by Hanwha and are possible of making a profit with growing LNG market.
This just higlights the foolishness of the lack of industrial policy in the west.
I also think my volume is too low whenever I start your videos. Nope, just a delayed intro.
⚓🚢Ahoy!
Money makes friends out of enemies 11:44
are you Asian Wick of youtube 😂😂 you produce a lot of vidz for a short time
Love your videos but quay is pronounced "key" 😅
@hdjfjd8
Жыл бұрын
funny to see u here😂
American ship building is struggling. Which means our navy isn't getting the ships it needs. Since South Korea is a treaty ally, I wish we would contract with Korean firms to build US Navy ships. They'd be better, cheaper, and we'd get more of them sooner.
@nick21614
Жыл бұрын
Not really. The Navy doesn't have the money to buy more ships per year than they already are and building military vessels and commercials ships aren't 1:1. The US is still the leader in military shipbuilding technology.
@raylopez99
Жыл бұрын
@@nick21614 Nah. I think the OP is right, more bang for the buck if Newport News or whoever does US shipping had some competition.
@himanshusingh5214
Жыл бұрын
You should get them built by China. They will do it cheaper and they have a much larger scope of expansion. Win-Win technique
@himanshusingh5214
Жыл бұрын
.
@ericsteenbergen9470
Жыл бұрын
I mean, is it? I work in a shipyard building Oilers (amongst other things but oilers for now) for the US navy. These are 300+ million dollar ships and the navy just ordered 20 of them. And these are just support vessels. And no, dont get the Chinese to build US navy ships lol, the Chinese navy is mostly made up of 1970s era US ships that were sold off at the end of their american service life (the current old fleet oilers are doomed to this as well). In addition to the fact that US navy vessels have to be made in the us, from parts sources entirely within the US. This is standard for all defense industry projects, all in country, in house.
quay is pronounced key
@raylopez99
Жыл бұрын
Thanks but the general rule of thumb in English is to pronounce a word as you read it. That's why there's no accent marks in English. So Key West, FL is pronounced as "Key" not "Quay". How do you pronounce Niger, Africa? "Ney-ger". Same with "Quay", it's Key. And so on. Thumbs up if you lerned something.
Even though Korean ship building industry is dominating, still most of the profits go to European companies who hold crucial patents.
@haha-eg8fj
Жыл бұрын
Korea doesn’t dominate shipbuilding market. It’s China which gets 49% of the total shipbuilding orders in 2022.
@danielcreatd872
8 ай бұрын
@haha-eg8fj Yes by the number of ships, but not by tonnage.
Difficult business to make a profit.
US Shipbuilding has LESS market share that the one of Poland or even of Nigeria, so waht does this tell us about the 'domination of the seas' according to Mahan in respect of the 'Old and new Superpowers' in the world?!
@samsadeniz
Жыл бұрын
Thank your corrupt Unions.
IMO this implies usa shipbuilding requires severe depression in the usa. Hmmn, Great Depression helped make America the great ww2 factory
quay is generally pronounced as in key? Well, it is around these here parts anyway. And Lithgow is generally pronounced lith go as in Glasgow which is pronounced Glaz go where z as in Zimbabwe. This guy can't pronounce it either but there are loads of Scottish in his comments section to. kzread.info/dash/bejne/q3-Tw7eLp66bZ9I.html Anyway, great channel, keep up the good work!
@mdavid2822
Жыл бұрын
"Quay" and "key" are indeed homophones. That's a tricky one.