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
02 Nov 2026
Asia Break Bulk Expands Fleet with Four Heavy-Lift Vessel Newbuilds
Singapore-based Asia Break Bulk (ABB), part of Hamburg-based COLI Group, has signed long-term agreements with Schoeller Holdings…
02 Nov 2026
Borr Drilling Confirms Fourth Death in Gabon Rig Sinking, One Missing
Borr Drilling has confirmed the recovery of a fourth body following the sinking of its Prospector 5 jack-up rig offshore Gabon…
29 Oct 2026
Dockworkers Strike Against Arms Shipments at More Than 100 Ports Globally
Dockworkers in 22 countries will strike on Friday, protesting against war and the use of ports for arms exports in action…
28 Oct 2026
Fincantieri, ITS Academy Udine Kick Off New Ship Mechatronics & Robotics Program
Fincantieri and ITS Academy Udine have officially launched the new “Mechatronics & Robotics – Smart Ship” program in Monfalcone…