Split shipyard granted state aid to build polar cruise ship

Split shipyard granted state aid to build polar cruise ship

Split shipyard granted state aid to build polar cruise ship Izvor: Pixabay (ilustracija)

The Croatian government on Wednesday approved a €68.1 million state guarantee for a ship to be built by the Brodosplit shipyard based in the Adriatic city of Split.

The guarantee is for a polar cruise ship which was ordered last year by Polaris Exploration Inc, a company owned by the Brodosplit-Plovidba group, for 106.4 million.

The shipyard - best known for making oil tankers and bulk carriers - is an important step in company's plans to enter the polar cruisers niche market, after it had already built a smaller ship of the same type.

In explaining the decision, Finance Minister Zdravko Maric said in a government session on Wednesday that the project would contribute to the better use of shipyard's manufacturing capacities, and add new jobs.

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