Tag: Funding

India has announced the creation of a 250-billion-rupee ($2.9 billion) maritime development fund for the country's maritime sector.

Repsol has announced the investment of over €800 million in the EU backed Ecoplant methanol project in Spain.

Lloyd’s Register Foundation has awarded £1,000,000 in grant funding to the IMO International Maritime Law Institute (IMLI) to support its work in the adoption and implementation of legislation to address emerging maritime safety challenges.

Forty four European transport organisations are joining forces in a campaign to call on the EU for a robust transport funding instrument.

The U.S. Environmental Protection Agency (EPA) has unveiled the $3 billion Clean Ports Program that aims to fund zero-emission port equipment and infrastructure to combat climate change and enhance air quality at U.S. ports.

Seafarer cadets in the UK can now continue to access financial support for their training up until spring 2025, as funds have been locked in for a further 6 months.

HAV Hydrogen has secured NOK 12.4 million in funding from Innovation Norway to build, test, and certify a full-scale prototype of its Zero Emission Pod, a containerized hydrogen energy system for ships.

Anemoi Marine Technologies has secured a grant from the Clean Maritime Demonstration Competition (CMDC) Round 4, a part of UK SHORE's initiatives to reduce emissions in the shipping sector, to develop and test a new 3.5m diameter by 24.5m high Rotor Sail design. 

Ports of Stockholm, in collaboration with other ports and stakeholders, has been given the green light to apply for EU funding for three sustainability initiatives, with a focus on the development of the electricity infrastructure.

Canada's Minister of Transport, Pablo Rodriguez, has announced investments of up to $10.9 million for four projects through the Oceans Protection Plan (OPP) to improve ballast water management systems in the Great Lakes and St. Lawrence River region to combat aquatic invasive species.