Norway to fund NYK and Dualog cyber-risk management system

Norwegian government’s innovation fund will provide two years’ funding to new project for the development of a cyber-risk management system for ships, initiated by Japanese shipping company NYK and maritime IT innovator Dualog. The funding will enable NYK to carry out  cyber security trials on 50 NYK-operated vessels. 

EU-budget for structural funds now it its final phase

The EU-budget for structural funds is in its final phase of the current budget period, but there are still some funding opportunities available for maritime projects, as the Danish Maritime Authority informs. The Interreg Baltic Sea Region Programme has open calls for seed money projects with deadline on December 9, 2019.

US DoT awards Jaxport $20 million for port upgrades

The Jaxport has been awarded by the U.S. Department of Transportation, with a $20 million grant, to reconstruct more than 100 acres of the existing terminal pavement at the SSA Jacksonville Container Terminal. The funding came through the $238 million plan between Jaxport and their close partner SSA Marine.

AAPA: Senate Bill cuts crucial port infrastructure programs

The American Association of Port Authorities (AAPA) is concerned about the US Senate’s approval of FY2020 appropriations bill which will cut about $200 million of funding from the Maritime Administration’s Port Infrastructure Development Program, which provides port infrastructure projects through a competitive application process.

Total invests $400 million to global carbon neutrality venture fund

French oil and gas company Total announced that it will focus its global venture fund on fostering carbon neutrality. The fund, to be known as Total Carbon Neutrality Ventures (TCNV), will support start-ups that develop innovative technologies for helping companies to reduce their energy consumption or their carbon intensity.

EU commits another €540 million to clean and safe oceans

The European Union will announce 22 new commitments for better governance of the oceans, on the sidelines of the 2019 Our Ocean conference. The EU is also launching ‘The Ocean Tracker’, an interactive map to follow the over 10 billion euros commitments already made.

Scotland funds world’s most powerful floating tidal turbine

The Scottish Government has awarded a funding of £3.4 million to Scottish engineering company Orbital, to help build the world’s most powerful floating tidal turbine. The company was awarded the money as the first recipient of the Scottish Government’s £10 million Saltire Tidal Energy Challenge Fund.

US announces funds to improve passenger ferry service

The US Department of Transportation’s Federal Transit Administration (FTA) announced around $32.8 million in project selections to improve the safety and reliability of America’s passenger ferries and enhance mobility for ferry users across the United States. Nine projects in nine states will receive funding from FTA’s Passenger Ferry Grant Program.

Maritime NZ provides $626,570 on safer boating

Maritime New Zealand announced that it will provide grants for 3,000 new lifejackets, support lifejacket loan hubs, help create new, at-the-beach training programmes for boaties using jet skis, standup paddleboards and kayaks.


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