Financial Matters

The Stiftung "Schifffahrtsstandort Deutschland" has been funding navigational and engineering vocational training as well as professional development of seafarers for over ten years. This purposeful subsidisation supports the endeavours of companies with regard to professional training and development of their maritime specialized personnel in Germany.

After the foundation had already raised their funding sums for vocational training last year, this year it increases the funding sums for professional development. For the subsidisation year 2024, the foundation increases the maximum amount to be subsidised both per eligible person as well as per professional development measure by 600 € each – to 3,600 € and 4,600 €. In addition, the maximum funding for training outside the training location ship is also raised by 600 € to 3,200 €. 

The funding amounts for navigational and engineering vocational training and the compensation amounts for changing to a foreign flag acc. to sec. 7 para. 3 of the German "Flaggenrechtsgesetz" remain the same. 

Applications for the various funding measures in 2024 can be submitted as of now and must have arrived at the foundation at the latest on 28 February 2025 at 6 pm. Further information regarding the funding and the application forms is given under the heading "Financial Matters" as well as on the website of the Stiftung "Schifffahrtsstandort Deutschland".