Germany’s Federal Ministry of Transport and Digital Infrastructure (BMVI) has extended the grant application deadline for LNG vessel conversions to 31 December 2021.
A number of tanker projects have benefitted from the grant system but as yet no reported container vessel applications have been reported.
BMVI is offering grants of 40-60% of an LNG retrofit cost for ocean-going vessels, the level of grant offered is dependent on the company size. BMVI believes the use of LNG as a bridging...