Tag: Funding

MOL established an authorized public trust as a part of its aid activities to promote recovery and sustainability in Mauritius.

PROW Capital launched a €420m green shipping fund that provides credit to shipowners for investments on emissions reductions.

Maersk launched its Green Finance Framework to fund the construction of its first feeder vessel and the series of 8 large ocean-going containerships.

UK maritime cadets will continue to receive COVID-19 funding, with the training scheme extended once more.

Deputy Executive Director of the Green Climate Fund, the Secretary General of IMO and the Secretary General of ICS met to discuss funding options for the proposed ‘IMO Maritime Research Fund’ (IMRF).

Befrienders Worldwide (BW), an international organisation of help centres, announced the launch of the Seafarers International Emotional Support Service (SIESS).

Governor Newsom and the U.S. Department of Transportation announced a strategic partnership to help facilitate innovative projects and financing opportunities for multi-billion infrastructure improvements in California. 

The UK Chancellor Rishi Sunak presented his Autumn Budget and Spending Review to Parliament, promising a £300 million injection into R&D projects to commercialise low and zero emission technologies 

IMO's work on support for seafarers, GHG emissions and affiliated educational institutions received financial boost from Malaysia.

At the 11th Singapore Maritime Institute (SMI) Forum held on 14 October, Mr Chee Hong Tat, Senior Minister of State for Transport, announced that MPA will be allocating S$80 million of funding to support SMI's R&D activities for the next five years.