Can you miss the boat - and end up better off? Shipbuilding everywhere is facing a severe crisis, yet Britain, left behind in the 1960s, is now strongly placed to build the ships the world needs. Michael Rodd , Raymond Baxter and Andrew Neil examine why the world's shipbuilders got into such a mess and the opportunities now waiting to be taken. Reporting from the Far East, as well as at home, the programme shows how the shape of both ships and the industry is changing. If Britain's shipbuilders, nationalised or not, are to survive, they must react to these changes. Opportunities exist, but risks are substantial.