Independent journal on economy and transport policy
01:28 GMT+2
U.K. will subsidize ship conversion projects
(Marine Log)
October 14, 1999
Britain's Competitiveness Minister Alan Johnson has announced the extension of eligibility for the Shipbuilding Intervention Fund (SIF) to include conversion contracts up to 2.25 per cent of contract value.
SIF subsidies had previously only been available for the construction of new ships (up to nine percent of contract value). All assistance to EU shipbuilding ...... Read more on Marine Log
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