Hong Kong is introducing new financial incentives for ships using and supplying alternative marine fuels as it seeks to strengthen its position as a green bunkering hub.
The city’s Marine Department said two new schemes will launch on June 16 and remain in place for three years.
Under the Port Dues Incentive Scheme, ocean-going vessels powered by alternative fuels, bunkering those fuels in Hong Kong, or delivering them for local supply will be eligible for rebates on port charges.
The programme covers LNG, methanol, ammonia, hydrogen and biodiesel blends containing at least 20% biofuel.
Depending on the vessel and operation involved, owners can receive reimbursements equivalent to 25% or 50% of port dues paid.
Hong Kong said the measure is intended to help narrow the cost gap between conventional and alternative fuels while encouraging early demand for green bunkering services.
The government expects the initiative to attract more than 1,000 visits by alternative fuel-related vessels and support the development of a wider fuel supply chain, including bunker suppliers, operators and traders.
A second programme, the Green Vessels Registration Incentive Scheme, will offer annual subsidies of HK$60,000 to Hong Kong-registered vessels using LNG, methanol, ammonia or hydrogen as their primary fuel. Eligible ships can receive up to HK$180,000 over the three-year period.
The incentives are part of a broader strategy unveiled by Hong Kong in 2024 to accelerate maritime decarbonisation and expand green fuel bunkering activity at the port.
