Federal Funding for LNG Conversion Projects
The U.S. Maritime Administration (MARAD) announced that $900,000 in federal funding is now available to support the conversion of existing U.S. flag vessels to liquefied natural gas (LNG) propulsion.
MARAD said it intends to use the results/data of this demonstration project to support further work related to air emissions reduction/alternative fuels research and to assess the public benefit of possible incentives to encourage adoption of emissions reduction and alternative fuels in the marine sector.
The data collected will provide information regarding air emission reductions achieved using LNG and operational lessons learned from operating the vessel on LNG.
MARAD will accept proposals from U.S. shipowners, operators and/or public sponsors through May 7, 2015.
Additional information about this request for proposal can be found here.
