Circle SpA Secures EU Grant for Green Maritime Project

Circle SpA (IT:CIRC) has released an update.

Circle SpA’s subsidiary, Magellan Circle, has secured a €208,000 grant from the EU’s Horizon Europe program to spearhead the Maritime Low Emission Network (MarLEN) project. This initiative aims to advance zero-emission maritime transport technologies, aligning with the EU’s climate goals. The project, involving 13 partners across Europe, will commence in January 2025 and spans 54 months.

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