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Estonian shipping subsidies are political issue
20/06/2006 08:54

The Estonian business daily Aripaev thinks that with his proposed national support program for the shipping sector Economy Minister Edgar Savisaar wants to ease the risks of his Tallink friends Ain Hanschmidt and Enn Pant.

It is obvious that the Centre Party stands for the interests of their potential financiers. Savisaar claims that national subsidies are necessary in order to support the competitiveness of shipping companies, but he was not able to name any examples except Tallink to support his arguments.

The shipping sector itself confutes Savisaar’s arguments – no one besides the leaders and owners of Tallink have threatened to make ships sail under foreign flags.

Source: Baltic Stand By
Read: 1023 times

Topics: Maritime Transport.


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