New subsidies on fleet-renewal program; Norwegian NOx-fond

It is now possible to receive support of up to NOK 50 million. Pr. ship

Yesterday, 13.10.2020, the NOx fund revised its support program on fleet-renewal.
It is now possible to receive support of up to NOK 50 million. Pr. ship.

➡️ The purpose of the support program is to help older ships, which would otherwise have continued with high taxable NOx emissions, to be replaced by new ships with low NOx emissions.
(Tier III or better)
➡️ The support is given as a fixed sum.
The scope of support is at least 5 mill. NOK per newbuilding, provided that outgoing vessels are considered to have a NOx taxable reference emission of at least 15 tonnes.
Support – up to DKK 50 million – is assessed depending on the size of the emission reduction that the renewal represents.

⛔️Application deadline: 31.12.2021⛔️

‼ ️ NOENCO offers 1 hour of free advice on the new set of rules.
Imagine if there is an opportunity to reduce your NOx and CO2 emissions; while you make money on it‼ ️
/ Niels
📞 NOENCO Norge +47 459 195 70
📞 NOENCO Danmark +45 616 677 48
✉️ nd@noenco.com