South Korea industry min: Reached common ground on shipbuilding co-operation with US

• To closely review Alaska LNG project

I’m not really sure what ‘common ground’ means in this case. I find the idea of the US rebuilding its ship building capacity to be really difficult to get my head around as it would take years just to assemble the workforce and there is no scope where US-built ships are competitive on the world stage.

As for the Alaska LNG project, I just don’t see the economics working when it’s all much easier to do elsewhere.

This article was written by Adam Button at www.forexlive.com.