ShippingWatch

Denmark criticizes South Korea's maritime state subsidies

South Korea is planning extensive state subsidies for shipbuilders and carriers, and the Danish Minister for Business describes these plans as problematic. "It tips the balance on the market. This is why we're pushing to have the OECD review state subsidies to shipbuilders," he tells ShippingWatch.

Photo: /ritzau/Rune Aarestrup Pedersen/

Log in to read our articles

Welcome to ShippingWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Frontpage right now

Analyst casts doubts on product carriers' 2020 hopes

Shipowners and analysts project solid demand growth for product tanker ahead of the new global sulfur regulations in 2020. But many elements remain uncertain, and there is a lack of concrete data, renowned analyst tells ShippingWatch.

K Line hedging its bets ahead of global sulfur cap

In a new report, K Line CEO Elzo Murakami points to various ways in which the Japanese shipping company plans to comply with the 2020 sulfur cap. The company was recently projected to be among the weaker players in terms of competition by that date.

China considers ban on open-loop scrubbers

It is far from certain that open-loop scrubbers will be approved in China once the country imposes stricter sulfur regulations from next year. Meanwhile, a large, German shipping company has just invested in open-loop scrubbers, which have faced harsh criticism in the industry.

Related articles

Latest news

Jobs

See all

See all