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Singapore Introduces New Incentives to Encourage Greener Ships

Singapore Offers Flag State Incentives for Ships Adopting Green Tech

Bunkerworld News - Singapore MPA revises Green Ship Program to promote decarbonization

Bunkerworld News - Singapore MPA revises Green Ship Program to promote decarbonization
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Port of Long Beach Increases Green Ship Incentive | Hellenic Shipping News Worldwide

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 Ship Incentive Program has helped improve air quality, encouraging shipping lines to send their newest, cleanest oceangoing vessels to the Port of Long Beach. More than $1.7 million in incentives were paid to participants in 2020.

Port of Long Beach Incentivizes Carriers to Deploy Greenest Ships – gCaptain

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 from $600 to $6,000, depending on a vessel’s ESI score. Vessels with main engines meeting International Maritime Organization’s Tier III standard, which require dedicated NOx emission control technologies, are eligible for an additional $3,000 credit, meaning a vessel could be eligible for up to $9,000 on every call.

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