With a view to encourage Hong Kong registered ships that have attained high Carbon Intensity Indicator (CII) ratings under the international standards on decarbonization formulated by the International Maritime Organization (IMO), Marine Department (MD) launches the Green Incentive Scheme on 28 June 2024.
Under the Scheme, all Hong Kong registered ships of 5,000 gross tonnage and above in possession of a valid “Statement of Compliance – Fuel Oil Consumption Reporting and Operational Carbon Intensity Rating” (SoC) showing that the ship has attained CII rating A or B for the respective year between 2024 and 2026 are eligible to receive HK$20,000 on each corresponding year as specified in the SoC. If a ship attains CII rating A or B throughout 3 years from 2024 to 2026, the ship may then receive a maximum incentive of HK$60,000. The application period opens from 28 June 2024 to 31 December 2026.
Any ship eligible for the Scheme should submit a completed application form together with copies of supporting documents to the MD for approval.
The application form is available to download at https://www.mardep.gov.hk/en/forms/index.html
For any enquiries, kindly email greenincentive@mardep.gov.hk
