Italy is launching a second wave of State aid for building and retrofitting ‘green’ ships

March 31, 2023

A first wave of State aid, worth EUR 161 million, was assigned to several Italian shipowners for building or retrofitting mainly roro and ferry units deployed on the local cabotage market.

Now a second procedure is taking shape with the remaining financial resources (EUR 314 million).

A dedicated division of the Transport Ministry informed the local shipowners’ associations Confitarma and Assarmatory of the imminent possibility to submit offers.

The projects are also valid for vessels calling regularly at least one EURpean port (not necessarily Italian).

The competent ministry is also considering the opportunity to include non-EU builders such as shipyards based in Turkey or in the Mediterranean region.

Overview of the first procedure closed at the end of 2022