S. Korean shipyards outperform rivals

South Korean shipbuilders are cruising fast in global markets, chalking up as much as US$30 billion worth of orders in the first half of this year and the largest ever for a six-month period. Against the unprecedented pace of growth, however, some have raised concerns that the lack of a skilled workforce and materials could come as a challenge confronting the shipbuilding industry further down the road, underscoring the need to step up efforts to brace for changing business conditions.