Korean Shipbuilders are facing the twin problems of increased competition from Chinese companies as well as a global glut in Ship Supply.They are looking to diversify away from the ship building industry into newer faster areas of growth.Wind Energy has been growing at above 20% CAGR over the last several years and makes a good area to invest in.Daewoo Shipping has bought a small firm in the USA DeWind to acquire Wind Turbine Technology while Hyundai has already made plans to open Wind Farms.With same skills required in Offshore Wind Farms and Shipbuilding,Daewoo Shipping has set a target of $800 million from Wind Energy by