google-site-verification: googlee7e6558e4f246300.html

China Unveils New Policies to Renew Domestic Fleet

China has recently announced a series of new policies aimed at upgrading its domestic fleet, with a focus on reducing emissions and boosting the economy.

China has announced new policies to upgrade its domestic fleet, focusing on reducing emissions and boosting the economy. A new scrapping policy targets coastal and inland fleets, offering subsidies for shipowners to replace old vessels with new ones powered by alternative fuels. Incentives for Shipowners Old ships meeting Beijing’s criteria can earn $140 per gross […]