It's basically the ongoing technology. If you go and try to recruit engineers and naval architects from the universities and you're running a repair facility, you're not too attractive to good top-quality engineers and naval architects. The technology comes from new construction and design, and without the ongoing technology and education, our total workforce, the industry is just going to die. You need new construction to attract top people, technical people, engineers, flowing all the way down to the tradesmen. Most of the tradesmen--George could answer better than I would. Repair is a tough business. I think most of the people prefer to work in new construction. The Japanese call repair KKK: dirty, difficult, and dangerous. You need the new construction to sustain the ongoing technical capability. So repair would suffer.
On March 3rd, 2009. See this statement in context.