Nine more shipbuilders have been added to China’s “White List” of shipyards that will enjoy financial support from the state in the forthcoming period, as informed by the country’s Ministry of Industry and Information (MII) on Dec.10.

This is the second batch of shipyards added to the "White List" which are eligible for restructuring within China’s reform of the sector aimed at boosting competitiveness by cutting overcapacity.

The second round of revision included 21 shipbuilders.

The ‘White List’ was announced last year by China’s government, as an additional incentive for shipyards which comply with the country’s requirements in areas such as ship emissions, offering the rule-abiding shipyards benefits such as tax rebates and bank credits.