Get our introductory offer at only
*$0.99/month for first 3 months
$29.90/month for the next 9 months
[HONG KONG] China, the world's biggest shipbuilding nation, will increase cash subsidies for scrapping obsolete ships by 50 per cent to help cut overcapacity and emissions.
The government will grant 1,500 yuan (S$309) per gross ton for shipping companies to replace obsolete ships,...