Singapore Introduces New Incentives to Encourage Greener Ships
Singapore’s Maritime Port Authority has issued new incentives for Singapore-flagged ships that undertake decarbonization efforts.
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Singapore’s Maritime Port Authority has issued new incentives for Singapore-flagged ships that undertake decarbonization efforts.
Singapore has become the first of the major ship registries to announce significant financial incent...
Port of Long Beach Increases Green Ship Incentive Ocean carriers bringing the greenest ships to the Port of Long Beach can earn the world’s most generous sustainable vessel financial incentives, beginning July 1, 2021. The Long Beach Board of Harbor Commissioners earlier this month approved changes centered around incorporating the international Environmental Ship Index (ESI) into the Port’s Green Ship Incentive Program, which began in 2012. A voluntary system, the ESI identifies seagoing ships exceeding the current emission standards of the International Maritime Organization. The Green ...
Share this article Ocean carriers with vessels calling at the Port of Long Beach are set to be be further incentivized to deploy their greenest ships. The Long Beach Board of Harbor Commissioners earlier this month approved changes to the port’s Green Ship Incentive Program, launched in 2012, that incorporate the international Environmental Ship Index (ESI). The ESI is a voluntary system that identifies seagoing ships exceeding the current emission standards of the International Maritime Organization. Beginning July 1, 2021, the updated program will include three incentive levels ranging fr...