As orders are decreasing, Korean shipbuilders are starting to sell their know-how instead. The nation’s top three shipbuilders are all striking deals to collaborate with overseas companies. … The partnerships are expected to generate more cash for both sides, but the benefits may be short-lived. Critics point out that selling technology will have harmful long-term effects. The biggest concern is that Russia and Brazil may rise as shipbuilding competitors once they combine advanced know-how with their own natural resources.
