Yard Talk | Build-and-scrap subsidy for green ships? Perhaps not
Policy makers must think carefully about reinstating China’s fleet renewal subsidy scheme. It is important to keep the country’s shipping and shipbuilding industry competitive, yet at the same time prevent it from being addicted to government handouts
Industry expert suggests China should first create a road map from the top that carefully assesses the feasibility of different fuel options and design a suitable pathway towards green shipping