Sign up
Log in Sign up
This is a legacy page. Please click here to view the latest version.
Wed 13 Dec 2017 14:44

Germany accepting online requests to fund LNG conversions


Funding initiative is designed to promote the use of LNG in German shipping.

Germany's Federal Ministry of Transport and Digital Infrastructure (BMVI) has announced that it is now accepting online applications to fund the conversion of seagoing ships to run on LNG as a marine fuel.

The aim of BMVI's funding programme is to promote the use of LNG in German shipping. The funding is being financed by the Mobility and Fuel Strategy (FMD) project, which will provide around EUR 278 million for all means of transport by 2020.

"We want to be at the forefront of reducing shipping emissions, which is why we're promoting and accelerating the transition to alternative propulsion systems, and we look forward to many innovative project ideas," said Christian Schmidt, Executive Federal Minister for Transport and Digital Infrastructure.

Applications can be made by companies that either own or plan to construct a ship, as well as corporations and law firms.

Depending on the size of the company, projects will be eligible to receive funding for up to 60 percent of costs.

Applications should be submitted online before February 28, 2018.

For details on how to apply, please click here.

Graphic announcing sectoral action on black carbon. Clean Arctic Alliance calls for Arctic states to submit polar fuels proposal by December 5 deadline  

Environmental group urges IMO member states to act on black carbon emissions following COP30 announcement.
$35M Retrofit Fund Illustration. GCMD closes world's first pay-as-you-save vessel retrofit fund at $35 million  

Fund links repayments to verified fuel savings, offering unsecured leases to overcome financing barriers.
Benny Hilström, WinGD. Where next for LNG fuel after IMO carbon pricing pause?  

WinGD’s Benny Hilström examines what lies ahead for LNG as a marine fuel.
Aasvaer Vessel. Wärtsilä secures sixth hybrid propulsion order from Aasen Shipping for bulk carrier series  

Norwegian shipowner orders integrated system for 9,500 DWT vessel under construction at Royal Bodewes.
COP30 Belém Brazil logo. Danish Shipping to push for IMO climate deal at COP30 after October setback  

Industry body seeks alliances with climate-ambitious nations following postponement of Net-Zero Framework vote.
Petrobras Global Trading seeks bunker trader for Rotterdam operations  

Brazilian energy company's Dutch subsidiary advertises role focusing on marine fuel sales in Brazil.
Tristar Eco Voyager vessel. TotalEnergies charters hybrid lubricants bunkering barge for Fujairah operations  

Tristar-owned vessel combines electric and biofuel power to reduce emissions by up to 35%.
European Commission headquarters. EU awards funding to 70 alternative fuels infrastructure projects across Europe  

€600m funding will support ammonia bunkering, shore power, and charging infrastructure across 24 member states.
Naming ceremony of NOCC Pacific. Norwegian Car Carriers' LNG dual-fuel, ammonia-ready PCTC is named  

NOCC Pacific has received DNV's 'Ammonia-ready' notation, preparing it for the use of lower-carbon fuels.
Graphic announcing the release of the DNV Net-Zero Guidance Paper. DNV and WMMF release guide to help shipowners navigate path to net-zero  

Guide offers practical roadmap for decarbonisation amid evolving regulations and commercial pressures.

↑  Back to Top


 Recommended