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12-12-2013, 11:12 PM
China to aid ailing shipbuilders with more subsidies
http://www.hellenicshippingnews.com/News...bb94aaf98e
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IMHO, the author of the article is confusing between shippers and shipbuilders.
The subsidies are given directly to shippers who scape their ships ahead of their retirement for newer and greener ships, the govt is subsidising shippers, not shipbuilders.
Who will these shippers turn to for greener ships, again it will be the more established players, to me, there is no conflict in policy
http://www.hellenicshippingnews.com/News...bb94aaf98e
------------------------------
IMHO, the author of the article is confusing between shippers and shipbuilders.
The subsidies are given directly to shippers who scape their ships ahead of their retirement for newer and greener ships, the govt is subsidising shippers, not shipbuilders.
Who will these shippers turn to for greener ships, again it will be the more established players, to me, there is no conflict in policy
life goes in cycles, predictable yet uncontrollable; just like the markets, but markets give you a second chance