MARAD to fund vessel conversions
The U.S. Maritime Administration’s Office of Environment informed it is offering $900,000 in funding for vessel conversions to run on natural gas.
MARAD issued a request for proposals for projects that focus on vessel conversions. It is looking to provide cost-share funding through cooperative agreements for U.S.-flagged vessels that operate on inland, coastal waterways, or the Great Lakes, MARAD said in it’s notice.
Eligible applicants include vessel owners, operators, or sponsors. Awardees will be expected to complete a natural gas conversion on an existing vessel and measure/document pre- and post-conversion emissions and other operational characteristics via in situ testing methods.
Closing date for applications has been set to May 7, 2015.
LNG World News Staff; Image: MARAD