Federal Transport Minister Patrick Schnieder has announced that Germany will invest €400 million to support the energy transition in the sector maritime-port area. The funds are intended to co-finance the construction of shore power and bunkering facilities for alternative fuels in ports and to develop climate-neutral shipping corridors.
“Modern shipping with appropriate infrastructure is the backbone of Germany as a business location. The federal government, the states, and the private sector must now join forces to offset the pressure for transformation,” Schnieder said. “The millions of euros for modernization are an important step in this.”
The funds will be allocated from the country’s Climate and Transformation Fund (KTF) to implement the National Port Strategy and the National Action Plan for Climate-Friendly Shipping. The plan also will shift from public transport and urban commercial traffic to waterways.
