Announcement
15 Apr 2024
In April 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced several state aid measures to support the "vitality of the shipping industry".
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
15 Apr 2024
Revocation date:
No revocation date
Updated: 15 Apr 2024
State aid, unspecified
In force
On 15 April 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced providing KRW 250 billion (USD 179.5 million) in state aid to support small and medium-sized shipping companies "w...
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Updated: 15 Apr 2024
Capital injection and equity stakes (including bailouts)
In force
On 15 April 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced increasing the budget of the New Shipbuilding Support Program by KRW 2.03 trillion (USD 1.46 billion). With this c...
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Updated: 15 Apr 2024
State loan
In force
On 15 April 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced increasing the budget of the New Shipbuilding Support Program by KRW 2.03 trillion (USD 1.46 billion). With this c...
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