“Korean reliability and quality are suffering.”

A broker sums up the effects of shipyards laying off thousands of workers.

Under-pressure yards push back some newbuilds

“The ships were ordered with a number of extras added to the standard specification. Everything was perfect.”

But here’s a happy customer of a Chinese yard.

Owners happy with newbuilds at failed yard

“What tremendously impressed and surprised people most was where I found the time to make all those paintings.