The Port of Gdansk gets yet another EU subsidy

The Port of Gdansk gets yet another EU subsidy

The Port of Gdansk Authority is one of two Polish companies to receive funds from the Connecting Europe Facility, within the framework of the CEF Blending priority. It has just been announced that the Port of Gdansk has …
Dec 6, 2017 /  Finance
China COSCO receives $644m subsidy for fleet optimisation

China COSCO receives $644m subsidy for fleet optimisation

China COSCO Holdings Company Limited received a subsidy amounting to approximately RMB3.963 billion or USD 644 million through China Ocean Shipping, the controlling shareholder of the Company, for the …
Jul 1, 2015 /  Finance
China Grants 2-year Extension For Ship Scrapping Subsidy Programme

China Grants 2-year Extension For Ship Scrapping Subsidy Programme

On Tuesday, China gave a two-year extension for the subsidy programme aimed at encouraging ship operators to scrap old vessels in an effort to stimulate an industry that has been struggling given the situation of the …
Jun 24, 2015 /  Finance