Subsidies for scrapping and renewing existing fleet in China

Scrapping-subsidies

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 […]

This report is premium content Start a FREE 30-day trial to read this report and unlock our full library of 1,500+ maritime and shipping reports, white papers, and market studies. You’ll receive weekly content updates — and you can cancel anytime during the trial if it’s not for you.
FREE TRIAL
Already a subscriber ? Log in
RELATED POSTS