China’s Local Subsidies Could Put International Shipping at a Huge Disadvantage
In the last week, the Chinese government announced a series of subsidies for the local shipping market. In general the program has as follows: Chinese
Basil Karatzas is the founder and CEO of Karatzas Marine Advisors & Co. a shipping finance advisory and ship brokerage firm based in Manhattan, New York. He can be reached at [email protected], or via LinkedIn.
In the last week, the Chinese government announced a series of subsidies for the local shipping market. In general the program has as follows: Chinese
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