The government of South Korea has laid out a plan to invest about KRW 222.3 billion (circa $152.89 million) to support the construction (or conversion) of 81 environmentally friendly vessels. According to the nation’s Ministry of Ocean and Fisheries (MOF), KRW 163.5 billion has been set aside from the national budget while KRW 58.8 billion … Continue reading South Korean gov’t to invest $153M to support green shipbuilding and slash GHG emissions