RUB 400 mln has been allocated for 2018 to finance the programme of ship utilization grants which is to be launched from 2018, IAA PortNews correspondent cites Alexei Klyavin, President of Russian Chamber of Shipping, as saying at the briefing at Admiral Makarov State University of Maritime and Inland Shipping arranged by IAA PortNews.
According to him, payback period for vessels operating at inland water ways is 30 years of even more, so state support of shipping is required.
Ship utilization grant is a lump-sum compensation provided for a company utilizing its old fleet. The grants can be used exclusively for construction of new vessels at domestic shipyards. It can be provided to a shipping company scrapping ships whose age exceeds 30 years and owned by the company for at least 3 years. The compensation is supposed to be provided upon construction and delivery of a new vessel.
SUG calculations will be based on deadweight, cargo and passenger capacity as well as the power of ships. A grant is to make at least 10% of the construction costs.
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