Tag: Funding

Denmark has joined a growing list of major shipping nations supporting a ‘moon-shot’ programme, aiming to drive the complete decarbonization of maritime transport.

A group of governments, controlling a major share of world shipping tonnage, have submitted a proposal to IMO to establish a $5 billion USD “IMO Maritime Research Fund”, using mandatory contributions from the world’s shipping companies for industry decarbonization. 

The Government of New Zealand announced a funding boost for seafarers' welfare services, as part of its commitment to allow more support to seafarers visiting the country. 

The Connecticut Department of Energy and Environmental Protection (DEEP) announced the release of $1.59 million in Diesel Emission Reduction Act (DERA) grants, in order to support the state’s efforts in reducing diesel pollution.

The Michigan Department of Environment, Great Lakes, and Energy (EGLE) announced a three-part funding opportunity that totals $30 million for the replacement of commercial, mass transit and transportation support vehicles that move products with new models, including electric, alternative fuel and diesel vehicles.

A consortium-driven investment fund named as "Motion Ventures" powered by Rainmaking was recently launched, with Wilhelmsen and HHLA as anchor investors.

Following the launch of ECSA-ETF joint project, which goals to boost participation of women in European shipping, participants held their first kick off meeting. 

A new initiative which goals to enhance the performance and slash costs for wave energy technology recently received €500,000 from EEA Grants.

The U.S. Environmental Protection Agency (EPA) announced the availability of grant funding to carry out projects which reduce emissions from the nation’s existing fleet of older diesel engines.

Through Innovation Norway, the Norwegian government has approved grants for construction and testing of the green hydrogen offshore energy system, Deep Purple, in Norway.