The UK government has today announced a substantial commitment of £34 million in funding to support the maritime sector’s development of innovative solutions and new technologies. The funding forms part of the Clean Maritime Demonstration Competition (CMDC), a vital initiative that aims to accelerate the transition to a sustainable and low-carbon maritime sector while promoting economic growth.
With the launch of this fourth round of funding, the total investment through the CMDC programme has now reached £129 million, highlighting the government’s strong commitment to achieving net zero goals.
Today’s funding will open for applications on 2 August until 27 September with Maritime UK, in collaboration with our network of regional cluster organizations, hosting a series of CMDC update and networking events to be held throughout the United Kingdom.
Chris Shirling-Rooke, CEO Maritime UK said:
“This further investment through the Clean Maritime Demonstration Competition underscores the government’s unwavering commitment to supporting the maritime sector in its transition to a sustainable and net zero future.
By fostering innovation and embracing cutting-edge technologies we can ensure the UK maintains its position as one of the global centres for green maritime technology.
Maritime UK is also delighted to support early engagement with CMDC4 through our update and networking events, held in collaboration with the Department of Transport and our regional cluster organizations.”
Richard Ballantyne, CEO British Ports Association said:
“We welcome this next round of funding from the Department for Transport. These kinds of interventions embody the sort of collaboration we all agree is necessary to achieve our joint net zero ambitions.”
The Government has allocated £206m for a UK Shipping Office for Reducing Emissions (UK SHORE). This is a programme within the DfT focused on accelerating the technology necessary to decarbonize the domestic maritime sector. UK SHORE is delivering a suite of interventions aimed at addressing different barriers to maritime decarbonization. This includes a flagship multi-year CMDC to help bring pre-commercial technologies to the market level.
Source: Hellenic Shipping News
