Splash247 reports that Maersk Tankers’ RIPPLE proposal has been selected under the European Union Innovation Fund and invited to begin grant-agreement preparation. The plan covers ammonia dual-fuel engine retrofits for four very large ammonia carriers.

The funding amount has not been finalised. According to the report, Maersk Tankers says proceeding with the conversions depends on commercial commitments from customers.

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Source: Splash247 · original report