Italy to award subsidies to Lloyd Triestino
AUTHORITIES in Italy are working to help pull Lloyd Triestino
di Navigazione SpA out of debt by subsidizing domestic shipyards
for Lloyd Triestino-built vessels.
In addition, the government will donate subsidies in the form
of wages to the line's Italian flag-ships employing Italian staff.
Meanwhile, Taiwan's Evergreen is to assist in the bail-out efforts
Read more on Sched Net