£80m Boost for Green Shipping As LISW Gets Underway

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Credits: Noah Buscher/Unsplash
  • Govt backs innovative companies in coastal communities from Orkney to Portsmouth with £80 million of R&D funding to boost clean tech and create jobs.
  • Comes at the start of London International Shipping Week, focusing on clean maritime and artificial intelligence to grow the UK’s maritime economy.
  • Part of the Prime Minister’s plan to grow the economy, creating better-paid jobs and opportunity right across the UK

Coastal communities across the country are set to benefit from over £80 million of government funding as the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI) are announced – supporting economic growth and boosting the UK’s decarbonisation efforts.

Greener sustainable energy

Announced at the start of London International Shipping Week (LISW) – bringing together the world leaders in the maritime sector – the projects showcase the benefits maritime technology can bring to communities from Orkney to Portsmouth. Whether it’s Artemis Technologies which is demonstrating inter-island electric ferries, helping boost regional connectivity and economic opportunity, or Tidal Transit Ltd, which is electrifying a crew transfer vessel for offshore wind farms and enabling greener sustainable energy, today’s winners have a crucial role to play in cleaning up the sector’s reliance on fossil fuels.

Transport Secretary Mark Harper said: “London International Shipping Week is the perfect time to showcase the work we’re doing to generate maritime jobs across the country and develop new, clean technologies. Today’s winners are at the cutting edge of the nation’s maritime industry – a crucial part of this government’s plan to grow the economy, creating better-paid jobs and opportunity right across the UK.”

Maritime Minister Baroness Vere said: “The maritime sector’s drive towards a cleaner future goes hand in hand with the government’s plan to grow the economy and create new, well-paid jobs all over the UK. As a seafaring nation, it is in our national character to push nautical limits and this funding will help to ensure the UK maintains its position at the leading edge of maritime innovation. I look forward to seeing all the industry has to offer over the course of London International Shipping Week.”

London International Shipping Week, which runs from 11 September to 15 September, is one of the most important international shipping and maritime events in the world. Having grown consistently – and rapidly – since its conception in September 2013, this year’s event is the 10th anniversary and will explore the future of maritime with decarbonisation and the influx of artificial intelligence.

The Transport Secretary will view one of Artemis Technologies’ clean vessels on the River Thames this morning, before chairing a roundtable at No. 10 Downing Street with senior representatives from maritime, technology and academia on artificial intelligence in maritime and the opportunities it presents for economic growth. The Maritime Minister will also be attending events throughout the week.

Read the full article here.

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Source: Gov.UK