Multi million fund propels green shipbuilding

The UK Government fund will be used to support the development of prototype vessels and green port infrastructure such as shore power that could then be rolled out widely – propelling the sector towards net zero as the UK prepares to host the COP26 climate change summit in November.

Maritime Minister Robert Courts said: “This is a turning point for the UK’s maritime sector. It’s an opportunity for businesses to develop the technologies of the future, not only protecting our environment but driving economic growth.

“I urge this country’s best thinkers to put their green ideas forward and help us deliver a better, cleaner maritime sector.”

Collaborate for competition

The Government is encouraging scientists and academics to collaborate with UK shipping, ports and shipbuilders to enter ambitious proposals into the competition, driving economic growth, revitalising coastal communities, creating thousands of jobs, and positioning the country as a leader in the field. The trials will enable companies to test the new technologies, with a view to them being developed commercially if proven to be successful, helping us build back greener from the pandemic.

The competition launch comes as the Government prepares to publish its Transport Decarbonisation Plan, which sets out how all modes of transport can make the switch to net zero.

The UK Prime Minister’s 10-point plan positions the UK at the forefront of shipbuilding and maritime technology to help push forward low carbon travel.