Global Trade Alert
Global Trade Alert

Republic of Korea: KRW 163.5 billion to support construction of eco-friendly ships in 2025

Announcement

30 Jan 2025

In January 2024, the South Korean Ministry of Ocean and Fisheries (MOF) announced allocating KRW 163.5 billion in state aid to support the South Korean shipbuilding sector in constructing eco-friendly ships in 2024.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

30 Jan 2025

Revocation date:

31 Dec 2025

Updated: 30 Jan 2025
State aid, unspecified

On 30 January 2025, the South Korean Ministry of Ocean and Fisheries (MOF) announced allocating KRW 163.5 billion (USD 113.4 million) in state aid to support the South Korean shipbuilding sector in...

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