Brussels, 09/02/2007 (Agence Europe) - The European Commission decided on Wednesday 7 February to approve a scheme to promote the scrapping of small single hull oil tankers over fifteen years old operating on the Italian cabotage market. The Commission feels this measure will help improve the safety of Community waters. Under the Italian scheme shipping companies will be granted aid to break up their single hull oil tankers over fifteen years old intended for the transport of crude oil or...