Bulk

Norwegian carrier gets state funding for new ammonia vessels

Viridis Bulk Carriers expects to order its two ammonia vessels by the end of 2023 with support from the Norwegian state-owned investment fund Enova SF.
The company's planned ammonia vessels are expected to be ordered in 2023 and delivered from 2025. | Photo: Kongsberg Maritime / Viridis Bulk Carriers
The company's planned ammonia vessels are expected to be ordered in 2023 and delivered from 2025. | Photo: Kongsberg Maritime / Viridis Bulk Carriers
by DANIEL LOGAN BERG-MUNCH

Norwegian dry cargo shipping company Viridis Bulk Carriers has just landed NOK 152 million, or USD14 million, in support for its new ships from the Norwegian government.

Specifically, Enova SF, a company owned by the Norwegian Ministry of Climate and Energy, has invested the large amount of money in Viridis Bulk Carriers to support the realization of two ammonia-powered and climate-neutral ships.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs