Maritime subsidies issued by some of the largest economies to the shipping industry have had a limited impact, according to new research from the OECD, which argues that they need to be reformed.
A new report released today, Maritime Subsidies – do they provide value for money? from the OECD-backed International Transport Forum and authored by maritime economist Olaf Merk, investigated the impact of the three main types of government subsidies …
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Source: The Loadstar
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