Spain Gives State Aid to Shipbuilding
Advertise Here
Trending Topics:
Sunday, June 14, 2015

Ship Equipment
Ship Maintenance
Ship Systems
Worldwide Metric
Freeman Marine
Neptune Group

Home Page
About MarineTalk
Buyer's Guide
World InfoDesk
Discussion Forums
Advisory Board
Advertising Information
Submit Company Listing
Edit Company Listing
Site Map
MarineTalk Site Search:
Featured Companies

HELMEPA - Hellenic Marine Environment Protection Association
HELMEPA was founded by the representatives of the Panhellenic Seamens' Federation and the Union of Greek Shipowners who on June 4, 1982 co-signed the joint Declaration of Voluntary Commitment "To Save the Seas".

Ferry Management Services Limited is a new website brought to you by ferry industry professionals, Ferry Management Services & Seatrade. Hyperlink Market Intelligence will take you to a 50,000 word database of global ferry information referenced by operator.
    United Kingdom

The Nautical Institute
The Nautical Institute is the world's leading international professional organisation for qualified Mariners. Its principal aim is to promote high standards of knowledge, qualification and competence amongst those in control of seagoing craft.
    United Kingdom

BIMCO - The Baltic and International Maritime Council
Today, nearly 1000 owner members, 1,600 brokers, and 100 P&I clubs and other shipping-related companies are BIMCO members. Owner-members represent approximately 450 million DWT 60% of the total cargo carrying capacity available.

Spain Gives State Aid to Shipbuilding


The Spanish government has recently approved financial package worth up to 715 million euro ($897 million) to help make the country's shipbuilding sector more competitive. The package includes a 300 million euro credit line for building ships, 215 million euro in direct aid to research and development programmes in the sector, and a further 200 million euro in loans, also for R&D purposes.

"Spanish shipbuilding is going through a difficult phase, largely due to unfair competition from some Asian countries," the government said in a statement. The government wanted to help the sector enhance its competitiveness in international markets, the statement added.The European Commission last May launched an investigation into 1.5 billion euro of state aid for Spanish shipbuilder Izar, and deepened an existing probe into 515 million euro paid to help the firm restructure. Spain's new package is aimed at both civil and military shipbuilding, a spokesman at the Science and Technology Ministry said. He added that Izar, Spain's only major shipbuilder, would be able to benefit from the measures. The government statement cited new EU rules allowing certain types of aid to the shipbuilding sector that came into force at the start of this year.


Latest Marine News and Technology Articles | Maritime 2015 Buyer's Guide


E-mail:  Contact Us

Copyright 1998 - 2015 MarineTalk
Division of Link Internet Business Solutions
All rights reserved.

The reproduction, retrieval, copying or transmission of this Web site content,
in whole or in part, is not permitted without the express permission of
MarineTalk .