Introduction to KOBC
Main Business
Investor Relations
Public participation
ESG Management
Search
What information do you need from KOBC?
Popular search terms
Main Business
Maritime Finance Global LeaderGoverment-subsidized project
Goverment-subsidized project
Global Low-Carbon Shipping Support Program
This is a government support program that provides subsides of 7% to 10% of the newbuilding price to shipbuilders constructing low-carbon, eco-friendly vessels powered by green fuels, depending on their eco-friednly rating
Key Features & Benefits
- Contributing to environmental preservation by promoting the adoption of eco-friendly, high-efficiency vessels
- Enhancing the fleet efficiency and market competitiveness of national shipping lines
Overview
| Classification | Details |
|---|---|
| Eligibility | Eligible Applicants: Ocean-going cargo carrieers planning to construct eco-friendly vessels within the current fiscal year |
| Project Period/td> | 5years(2023~2027) |
| Funding Limit | To be determined based on the current year’s budget and the level of demand for program support |
| Terms of Payment | Issuance of a preliminary eco-friendly vessel certification(Grades 1~3) by KOMSA, and execution of a Refund Guarantee(RG) agreement |
| Evaluation Criteria | Comprehensive Evaluaiton |