08/11/2008

NORWAY: grants to vessels from the "NOx Fund"

As I mentioned in a previous post, Norwegian vessel owners, instead of paying a tax on NOx emissions, are now contributing to the so called NOx Fund. In turn, this Fund pays vessel owners for the "investments" made to reduce NOx emissions.

http://www.fiskeribladetfiskaren.no/, a fisheries web site from Norway, has published information on the payments made to a number of vessels for investments in NOx reduction.

For ten vessels, a total of 41.806.989 Norwegian Krona (around USD 6 Million) was granted this week by the Fund.

The link to the Norwegian website is here:

http://www.fiskeribladetfiskaren.no/?side=101&lesmer=10049

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