Clean Vessel Incentive Program Tops Enrollees for Q1 2017
The latest Clean Vessel Incentive (CVI) program offered by The Port Authority of New York and New Jersey is off to a flying start. Twenty-one companies enrolled in the Port Authority of New York and New Jersey’s latest CVI during Q1 2017 for an increase of 24 percent over companies who enrolled in Q1 2016. In addition, 272 qualifying vessels registered with the CVI program during Q1 2017 representing an increase of 7 percent over Q1 2016. Financial incentives earned by CVI participants in Q1 2017 totaled $515,500, which represents an increase of 32 percent compared to Q1 2016. “These are very encouraging numbers,” saidRead More →