In Japan, the Ministry of Land, Infrastructure, Transport and Tourism launched the second round of applications for its Zero Emission Shipbuilding Program, offering up to ¥6.5 billion (¥500 million in the first year) to support production facilities for hydrogen-, ammonia-, LNG-, methanol-, and battery-powered vessels.
Eligible applicants include private companies meeting criteria outlined in the application guidelines. Subsidized items include manufacturing facilities for hydrogen or ammonia-fueled engines, fuel supply systems, and ship outfitting platforms. Subsidy rates are capped at one-third for large firms and one-half for small and medium enterprises.
Applications must be submitted via the official project office by noon on May 20. MLIT stated the goal is to “establish a domestic supply structure ahead of other countries and promote market adoption to reduce CO₂ emissions.”
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Category: Sustainable Marine Fuels
