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Global Trade Alert

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Germany: EUR 62 million funding for LNG ship construction project, co-developed by Nordic Hamburg Shipmanagement GmbH

Description

On 23 December 2022, the Federal Ministry of Economic Affairs and Climate Action announced providing a financial grant worth EUR 62 million (USD 65.9 million) for an LNG ship construction project. The...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Dec 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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