The European Commission (EC) has approved state aid totaling €2.03m for a German shipyard. The monies are limited to modernization to improve productivity.
Source: HK Law
Related News
11 Sep 2026
GONDAN Launches Its Largest-Ever Vessel Built for Østensjø Rederi
Spanish shipyard GONDAN Shipbuilders has launched a 120-metre Ocean Energy Support Vessel (OESV) for Østensjø Rederi, the…
11 Sep 2026
Deadly Cargo Ship Fire Kills 25 at China Shipyard
Twenty-five people died in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern…
11 Sep 2026
Houthi Forces Reach Perim Island, Raising Red Sea Shipping Threat
Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters…
07 Sep 2026
Windward Offshore Completes Four-Vessel Vard-Built CSOV Fleet (Video)
Windward Offshore has taken delivery of the Windward Hamburg, completing its four-vessel series of purpose-built commissioning…