The European Commission is poised to launch a €100m ($121m) public-private partnership fund for sustainable shipping innovation in collaboration with the Waterborne Technology Platform.
The Zero Emission Waterborne Transport Partnership fund will be launched on 23 June to provide major investment into decarbonisation technologies for shipping, said Henk Prins, the platform's chairman.
He revealed the new fund in a discussion hosted by the European Community Shipowners’ Associations.
