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At present, Rogaland's comprehensive ocean-based value chain is at the forefront of market-proven decarbonizing solutions. By emphasizing research and development (R&D) to reduce emissions and costs, this region is primed for success. The Norwegian market, with a strong demand for carbon reduction, offers an ideal playground for Rogaland-based companies to develop export-ready solutions. A prime example is the world's first fully electric fast ferry, designed in Rogaland, which achieved a 70% reduction in engineering costs through modular design.
Despite its existing strengths, there is always room for new entrants in Rogaland's maritime sector. The region's competitive edge lies in its ability to attract businesses, talent, and capital that bring fresh perspectives to the table.
Invest in Rogaland is ready to assist your company in entering the Norwegian market, whether to access local opportunities or become a part of the export-oriented maritime value chain. Key benefits of investing in Norway include ease of doing business, a highly productive workforce, purchasing power, access to the European Economic Area (EEA), and a stable regulatory regime with a strong commitment to environmental sustainability.
Furthermore, Rogaland and Norway offer extensive support and funding schemes to foster innovation in the maritime industry. Public and private entities collaborate to drive the green transition, making it easier for businesses to develop and market sustainable solutions.
The short-sea cargo sector is undergoing fleet renewal, offering substantial opportunities. Public authorities are pushing for greener operations, making it a market in transition.
A growing demand for green shipping fuels, along with the government's support, provides opportunities for new value chains in fuel production and distribution, including hydrogen and sustainable fueling solutions.