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Global Trade Alert

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China: Sinosure supports COSCO Shipping (Qidong) Offshore Co Ltd's export of two vessels to Norway

Description

On 22 December 2023, the Norwegian company Cadeler disclosed that China Export & Credit Insurance Corporation (Sinosure) had provided a guarantee to support COSCO Shipping (Qidong) Offshore Co Ltd...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

22 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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