£20 million fund to propel green shipbuilding launched

Published: 22/03/2021

The future of clean maritime technology is taking another big step forward, bringing benefits and opportunities for vessel owners and operators. Through our Maritime Future Technologies team we’re acting as a technical partner for this competition which is set to help shape the future for decarbonising UK maritime.

Hydrogen-powered vessels and e-charge points at ports could soon become a common sight on our seas and in our coastal towns, thanks to a £20 million competition launched by the Department for Transport to make innovative green maritime ideas a reality.

The fund, being launched today (22 March 2021), will be used to support the development of prototype vessels and port infrastructure 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.

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 1000s of jobs
  • 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.

Read more about the fund https://www.gov.uk/government/news/20-million-fund-to-propel-green-shipbuilding-launched

Maritime going greener