Independent journal on economy and transport policy
15:14 GMT+2
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the Chinese government launches a program of incentives for the demolition of obsolete ships
Subsidy of 1.500 yuan for each tons of tonnage
December 10, 2013
The Chinese government has announced the adoption of a program of incentives for the demolition of obsolete ships, in particular of old single hull oil tankers. The objective is that to appoint to a job the national ship yards let alone to improve the technical level of the fleets of the Chinese companies of navigation being favored the construction of ships online with the most recent international norms.
The program in order to stimulate I renew of the fleets, in vigor retroactive from on January 1°, 2013 on December 31, 2015, it regards employed mercantile ships is for the oceanic transport that for that coasting vessel and that previews to the navigation companies 245 dollars) for each ton of tonnage of demolished ships are lavished 1,500 yuan (on condition that these units are replaced by new ships of not inferior tonnage to that of the dismantled ships.
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