Korea extends policy support to smaller shipyards

South Korea’s Ministry of Trade, Industry and Energy announced plans to spend an additional US$60 million (KRW70bn) to support local shipyards on 24 April, as well as extending the scope of the existing refund guarantee scheme.

Continue this article…

Already subscribed? SIGN IN now

V2-MS

Sign up for FREE to continue this article!

Want to read more before deciding on a subscription? It only takes a minute to sign up for a free account and you’ll get to enjoy:

  • Weekly newsletters providing valuable news and information on the shipping sector
  • Full access to our news archive
  • Live and archived webinars, podcasts and videos
  • Articles on innovations and current trends in the shipping industry
  • Our extensive archive of data, research and intelligence

Get more free content sign up today

Ready to subscribe? Choose from one of our subscription packages for unlimited access!