The European Commission has launched a ship financing portal in a bid it says to boost the maritime sector’s green transition.
The platform, launched by the European Commission’s Directorate-General for Mobility and Transport, provides businesses and organisations with a repository of available financial tools needed to drive fleet renewal and retrofitting, enhance efficiency, and reduce environmental impact.
The portal centralises access to a variety of pan-European financing products, simplifying the search for suitable financing opportunities for stakeholders across the maritime sector.
It provides up-to-date details on available grants, loans, and other financing products administered by the EU, member states, and private financial institutions.