The European Commission has launched the Ship Financing Portal to boost the maritime sector’s green transition by providing businesses and organisations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.
Ship Financing Portal
The Ship Financing Portal provides an inventory of financing products supporting investments in the shipping sector and the wider maritime industry. Access to adequate funding and financing is crucial for fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.
The Ship Financing Portal centralises access to a wide range of financing products, including grants, loans, and bonds, making it easier for shipping stakeholders to find suitable opportunities to fund their needs, projects, and technology development.
The Portal will be updated periodically to reflect the latest opportunities within the sector, ensuring that users have access to current and relevant information.
Objectives and benefits
- Consolidated resource: Centralise access to a variety of pan-Europe financing products, simplifying the search for suitable financing opportunities for stakeholders across the maritime sector.
- Current Information: Provide up-to-date details on available grants, loans, and other financing products administered by the EU, Member States, and private financial institutions. This ensures that users are informed about the latest financing opportunities.
- Sector-specific solutions: Offer information on financing products relevant for the shipping sector, facilitating the development and deployment of technologies and services to promote shipping decarbonisation.
The launch of the portal is a further step in supporting the greening of the maritime industry. The portal addresses the lack of available information on financing opportunities.
… said the Commission in a statement
The European Commission invites all maritime stakeholders, including small and medium-sized businesses, financial institutions, and other organisations to explore the Ship Financing Portal and take advantage of the diverse financing opportunities available.
