The government of Germany is extending help to Cuxhaven port and its energy…
The government of Germany is extending help to Cuxhaven port and its energy hub plans. As part of a new strategy, the government will partly fund the construction of berths five to seven at the port. Total construction costs are around €300 million, with the state of Lower Saxony allocating €100 million and private port industry providing €100 million through concession fees. The remaining €100 million from the federal government means the project can now proceed.