World’s 1st circular ship dismantling yard pushes ahead with the demonstration phase
Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund.
Rotterdam – Dutch startup Circular Maritime Technologies (CMT) has received a cheque for the €1.7 million grant from the Kansen voor West subsidy program, which is largely financed by the European Regional Development Fund.
The company said that the financing would be used for the first steps of CMI’s test and demonstration phase. CMT aims to become the world’s first circular ship dismantling yard by developing and integrating technologies to automate the shipbreaking process while taking out the human element to secure a high standard of safety: “With this project, we will test and advance CMT’s core technologies together with our strategic suppliers. The subsidy, therefore, enables the critical first steps towards circular, safe and competitive ship dismantling,” the company said.
As disclosed previously, the central technologies will be tested and improved in 2023, such as the wire-cutting technology with Huisman and the automated block processing with Grimbergen Industrial Systems.
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