Five Ports Apply for EU Funding
- Business & Finance
Five ports in Sweden and Finland have this week submitted applications for EU funding within the 2014 CEF Transport Calls for Proposals.
The cooperation will result in improved port infrastructure and environmental services and the applications are supported by both the Swedish and the Finnish Government.
Four Finnish TEN-T core ports – Turku, Helsinki, Naantali and HaminaKotka – together with Ports of Stockholm are investing €200 million in port infrastructure and measures to reduce the environmental impact of shipping. The partners, also including Viking Line and Skangass, are now applying for EU-funding from the 2014 CEF Transport Calls for Proposals, closing on 26 February 2015.
“The investments in our ports will greatly improve the maritime link between our countries Sweden and Finland, which is an important part of the Trans-European Transport Network (TEN-T)”, says Christian Ramberg, CEO, Port of Turku.
The partners will submit two Motorways of the Seas applications, one focusing on improvements in port infrastructure such as new and improved quay-berths, ramps, logistics areas etc and the other related to environmental measures such as the provision of LNG, onshore power supply and waste reception facilities.