ShippingWatch

European shipyards call for action against state subsidies

Sea Europe, which represents European shipyards, says it is necessary to create an international instrument to ensure fair competition globally. The call comes after the OECD has suspended discussions on a mechanism for the shipyards.

Photo: PR / HMM

European suppliers are calling for intervention against state subsidies awarded to shipbuilders outside the EU.

Sea Europe, which represents European shipbuilders, among others, says that an international body is needed to ensure fair competition globally.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Maersk unveils design of methanol vessels

For five years, Maersk has been working on developing a new vessel design, which can increase the energy efficiency of its fleet by 20 percent. The first eight vessels are planned to sail on green methanol from 2024.

Further reading

Related articles

Latest news

See all jobs