#CoastalVesselModernizationFund

Yonhap Infomax Newsinfomaxkorea
2025-07-02

South Korea’s Ministry of Oceans and Fisheries has selected Hanyu Co. for the second round of its Coastal Vessel Modernization Fund, providing up to 60% in shipbuilding subsidies to help small shipping firms upgrade aging fleets and boost industry competitiveness.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-05-26

The Ministry of Oceans and Fisheries has opened the second round of applications for its Coastal Vessel Modernization Fund, offering up to 60% support for shipbuilding costs and aiming to further modernize South Korea's coastal fleet.

en.infomaxai.com/news/articleV

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