NORTH SEA GRANTS

BY MARK ROWESHIPPING companies and their related organisations are being invited to submit bids for funding under a new Euro 280 million North Sea initiative launched by the European Union.Grants will be made available for projects that will promote efficient and integrated transport and maritime systems in the North Sea and its adjacent coastal regions. The EU will provide Euro 129.2 million for the project, with matching funds coming from the participating countries, Belgium, Denmark, Germany, the Netherlands, Sweden and Britain. A further Euro 20 million will ...


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