CS Haisheng benefits from $1.3m in state subsidies

China Shipping Haisheng (CS Haisheng) has recently received government subsidies totalling RMB8.26m ($1.3m) which...

China Cosco swings to profit on strong government subsidies

State-owned China Cosco Holdings has returned to the black in the first half ended 30 June 2015, riding on strong government subsidies amounting to RMB3.96bn ($618.11m). ...

CSCL to get a boost from ship scrapping subsidies

China Shipping Container Lines (CSCL) announced in a stock market announcement that it will be benefitting this financial year from government subsidies for the scrapping of older vessels. ...

China makes good on December's US$293 million fleet renewal subsidies

CHINA has given four shipping lines including China Cosco CNY1.8 billion (US$293.3 million) in subsidies to scrap...

China makes good on December's US$293 million fleet renewal subsidies

CHINA has given four shipping lines including China Cosco CNY1.8 billion (US$293.3 million) in subsidies to scrap...

China to spend RMB1.8 billion on scrapping subsidies

It is reported that four Chinese shipping companies have received subsidies from the Chinese government worth a...