Global Trade Alert
Global Trade Alert

Republic of Korea: Launch of the Shipping Industry Crisis Response Fund

Announcement

27 Jun 2023

In June 2023, the South Korean Ministry of Ocean and Fisheries announced the launch of the "Shipping Industry Crisis Response Fund."

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jun 2023

Revocation date:

No revocation date

Updated: 27 Jun 2023
State aid, unspecified In force

On 27 June 2023, the South Korean Ministry of Ocean and Fisheries announced the launch of the KRW 250 billion (USD 192.2 million) "National Shipping Company ESG Support Fund." The fund supports sma...

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Updated: 27 Jun 2023
Financial investment support In force

On 27 June 2023, the South Korean Ministry of Ocean and Fisheries announced the launch of the KRW 250 billion (USD 192.2 million) "Shipping Industry Restructuring Support Fund". The fund supports t...

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