Germany puts $448m behind 47-point green shipping plan

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Germany approved a €400 million national programme with 47 measures to reduce emissions from seagoing and inland shipping. Plans include greener shipping corridors, alternative-fuel infrastructure, and financial incentives to renew vessels.

Germany has approved a national shipping decarbonisation programme backed by €400m ($448.8m) in funding, including proposals for greener shipping corridors, alternative fuel infrastructure and financial incentives for vessel renewal. The federal cabinet adopted the National Action Plan for Climate-Friendly Shipping yesterday, establishing 47 measures aimed at accelerating the transition of both seagoing and inland fleets. …