Terntank
Pioneer in sustainable shipping
Customer Terntank
Funding instrument EU Innovation Fund 2022
Grant awarded EUR 2.75 million
Project eMETHANOLxWSolution
Implementation 2023–2029
Image: Terntank
What the funding enables The project involves the construction of a new tanker vessel equipped with a methanol-powered engine and a foldable wind-assisted propulsion system. The vessel serves as a pilot platform for innovative technologies. It also features shore power connection and battery systems. The project promotes the adoption of alternative fuels and reduces greenhouse gas emissions by approximately 4,000 tonnes per year.
Enviro’s role We have secured EU grants and national funding for Terntank since 2013. In addition to the Innovation Fund, we have helped Terntank obtain EU TEN-T funding and Swedish and Norwegian national support for vessel environmental investments. We have been responsible for funding application processes, grant project management, and communications.
Wega has assisted Terntank in developing low-emission supply chains and has managed charter agreements since 2013. The long-standing collaboration highlights the expertise across Wega’s various business areas: chartering, fuel procurement, co-funding, and environmental reporting.



