You are using an outdated browser For a better experience using this site, please upgrade to a modern web browser. Subscribe Get Daily Email Subscribe --> Contact Us Sign in Home News & Features Compliance Costs Bunker Prices Bunker Intelligence EMEA News Latest Features World Americas EMEA Asia/Pacific Home News & Features EMEA EC Approves €103 Million for Dutch Methanol and Hydrogen Vessels EC Approves €103 Million for Dutch Methanol and Hydrogen Vessels by Ship & Bunker News Team Tuesday July 28, 2026 Tweet Follow @shipandbunker The grants will be available between 2027 and 2031. File Image / Pixabay The European Commission (EC) has approved a €103 million Dutch State aid scheme to help accelerate the decarbonisation of the Netherlands ' maritime fleet. The funding will support the purchase of new vessels powered by methanol or renewable hydrogen, as well as the conversion of existing vessels to use the two marine fuels, the EC said in a press statement issued on Monday . The scheme covers passenger, cargo and work vessels, mainly operating in the short-sea shipping sector. Support will be provided through direct grants awarded via an open and competitive selection process. The aid aims to help shipping companies overcome the high upfront costs of investing in cleaner technologies, which the Commission said remain a major barrier to wider adoption. The grants will be available between 2027 and 2031 and are intended to support the rollout of clean shipping technologies while helping meet the goals of EU policies including FuelEU Maritime and the EU ETS . Ship & Bunker News Team To contact the editor responsible for this story email us at [email protected] Also in the News AYK Energy to Supply Batteries for Grimaldi's New Methanol-Ready Ships The battery systems will be installed on nine vessels designed for future conversion to methanol propulsion Read in Full IMO Approves Singapore Resolution to Safeguard Key Shipping Lanes The resolution rea