Asia-Pacific maritime trade remains the backbone of global flows
December 4, 2025
In August 2024, China’s Ministry of Transport and National Development and Reform Commission jointly released a new subsidy policy that offers broader eligibility and higher subsidies than the previous policy to coastal ships and inland river vessels. The new policy also extends the scope to ships powered by methanol, hydrogen, ammonia, and electricity. This signals China’s commitment to advancing cleaner […]
