European Commission to support TEN-T Programme with over €1.2 million
The European Union will support with over €1.2 million from the TEN-T Programme a study aimed at identifying and addressing the potential barriers to the construction and operation of Liquefied Natural Gas (LNG) fuelled vessels.
The project, which was selected for funding under the 2011 TEN-T Annual Call, will examine the technical requirements, regulations and environmental operation permits that need to be met in order to shift from traditionally fuelled engines to LNG. LNG is rapidly emerging as a cheaper and more environmentally friendly fuel for the maritime sector and its uptake is encouraged by the European Union.
Specific aspects related to the manufacturing, conversion, certification and operation phases of a LNG fuelled vessel will be analysed. These results will be exchanged with other ongoing LNG-related projects as well as with the European Maritime Safety Agency. The project will be implemented in a partnership with stakeholders consisting of ship-owners, cargo owners, LNG suppliers, ports and marine equipment manufacturers.
The project is set to be completed by the end of 2014.