In a disclosure filed Monday morning China Shipping Container Lines (CSCL), whose shares trade on the Hong Kong bourse, said the agencies overseeing the initiative have approved its request for subsidies.
The operator says the RMB 40m ($6.5m) check from Ministry of Finance follows the disposal of five vessels that were sold for recycling, presumably in China, between 1 January 2013 and 30 April 2014.
CSCL,
