Norway has announced more than $130 million in funding to help build 10 new zero-emission vessels, stepping up efforts to cut emissions from its domestic shipping sector.
The funding, provided by Norway’s state-backed energy innovation agency Enova, will support seven Norwegian maritime companies that are placing orders for new environmentally friendly ships.
The projects include six battery-powered vessels, two hydrogen-powered vessels and two ammonia-fuelled vessels. One project will also receive funding to build charging infrastructure.
The latest funding adds to 22 other zero-emission vessels already under construction with Enova support, strengthening Norway’s position as the country with the world’s highest share of emission-free ships.
Norway’s Climate and Environment Minister Andreas Bjelland Eriksen said shipping is responsible for about 8% of the country’s greenhouse gas emissions and that the industry must shift to cleaner technologies if Norway is to meet its climate targets.
Battery-electric vessels received the biggest share of the latest funding.
Zen, the shipping electrification division of
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