Tag: <span>Funding</span>

Norway receives $1.75M for GreenVoyage2050
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Norway receives $1.75M for GreenVoyage2050

The IMO-Norway GreenVoyage2050 Project has received 14.5 million NOK (USD 1.75 million) in additional funding to continue assisting developing countries in their efforts to reduce greenhouse gas (GHG) emissions from ships. Phase one of the Project, signed with Norway in 2019, is currently underway and is scheduled to run until May 2022. The additional funding...

New funding to boost VesselMan and Ulysses maintenance system project
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New funding to boost VesselMan and Ulysses maintenance system project

Innovation Norway has provided support for Greek software provider Ulysses Systems Hellas and Norway’s software-as-a-service (SaaS) solutions provider VesselMan to develop an integrated Planned Maintenance System and project management tool for technical projects. The joint project is part of the Greece Business Innovation program. Greece Business Innovation is a program that was established to support...

HMM sets up $135m scrubber fund
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HMM sets up $135m scrubber fund

Hyundai Merchant Marine (HMM) has signed a memorandum of understanding (MOU) for the installation of scrubbers in preparation for the IMO’s 2020 global sulphur cap. The total investment amount will be KRW 153.3 billion (US $135 million) which consists of HMM’s investment of KRW 46 billion and the rest of the amount of KRW 107.3...