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

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 seafarers and the shipping industry towards low and zero-emission operations.