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Finnish Investment Aid

Finnish Investment Aid

The Finnish Investment Aid to Vessels for the Purpose of Improving Environmental Protection helps shipping companies to invest in clean technologies in order to comply with future standards. The following investments are covered:

  • aid for early adaptation to future EU standards for acquisition of new ships

  • investment aid for retrofitting operations

 

Aid is limited to a maximum of 25%, 20% and 15% for small, medium and large enterprises, respectively, if implementation and finalisation take place more than three years before the mandatory date of transposition or date of entry into force of the new EU environmental standards. Alternatively, aid is limited to a maximum of 20%, 15% and 10%, respectively, depending on the size of the enterprise, if implementation takes place between one and three years before the mandatory date of transposition or date of entry into force. Investment aid for retrofitting operations amounts to 50% of the eligible costs.

 

The program’s budget is €100 million for the period 2013-2014.

LNG business models for ports

The business model for LNG terminals depends on a range of factors, including regional maritime demand for LNG, availability and type of neighbouring terminals, demand from trucks and inland barges, and land-based demand for industrial use and power generation.