Port News & Information Mediterranean, Black & Caspian Seas

Canary Islands government pays €2.4 million compensation to Naviera Armas

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Las Palmas, Spain (PortSEurope) December 14, 2017 – Canary Islands government has approved the payment of €2.4 million ($2.8 million) to Spanish shipping company Naviera Armas, S.A. for the operation of inter-insular lines in the second quarter of 2017. The regional government pays subsidies to the companies operating such services on a quarterly basis to…

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