26 January 2024
by Sarah Morgan

£33mln to cut maritime emissions

£33mln in funding has been awarded to 33 project winners across the UK to cut emissions in maritime technologies.

Maritime Minister, Lord Davies © RS Electric Boats

The competition winners were announced by Maritime Minister, Lord Davies today.

The money aims to accelerate decarbonisation in the sector while rejuvenating coastal communities, and will allow the winners to deliver demonstrations, factory trials and feasibility studies.

The funding comes from the fourth round of the government’s Clean Maritime Demonstration Competition (CMDC4), which focuses on developing maritime technologies, including electric, hydrogen, ammonia, methanol, wind power and more.

Today’s funding comes from the wider £206mln UK Shipping Office for Reducing Emissions (UK SHORE) programme, announced in March 2022.

Lord Davies visited two of the winning organisations, Aqua SuperPower and RS Marine Group, in Southampton, to see their network of electric chargepoints and electric vessels.

Maritime Minister, Lord Davies, said, ‘Today, we witnessed a firsthand glimpse into the transformative solutions that can help shape the future landscape of the maritime industry and support jobs in coastal communities.’