The green maritime technology of the future will become a reality thanks to a £60 million boost.

of UKThe race to decarbonise the maritime sector has been given another important boost: £60 million of government funding has been distributed nationwide to new companies building the green technology of the future.

For the first time UK The government is funding the development of new clean ocean technology over a 2-year period. Companies in 12 regions UK It will benefit from the cash, creating high-skilled jobs across the country and keeping the place. UK As a world leader in green solutions.

Transport Secretary Mark Harper visited Artemis Technologies in Belfast on Tuesday 14 February to see some of the technology in action.

Using technologies adapted from the worlds of high-performance yacht racing, motorsports and aerospace, it is developing vessels that ‘fly’ above the surface of the water. The vessels produce zero emissions during operation and provide up to 90% energy savings, which significantly reduces operating and maintenance costs.

Artemis Technologies will now use the funding to help take their innovation to sea on a commercial scale.

Transport Secretary Mark Harper said:

Our maritime sector exports 95% of goods to UK It contributes £116 billion to our economy – more than both aviation and rail combined.

Growing the economy is one of the government’s priorities, and we must continue our efforts to ensure this UK It remains a pioneer in clean marine solutions.

The funding we’re providing today helps do just that, bringing zero-emissions concepts to life and accelerating innovation.

The money came from the third round of the government’s Clean Sea Campaign.CMDC3) is focused on developing a variety of clean offshore technologies, including hydrogen, ammonia, electricity, and wind power.

During the 2-year investment period, successful companies will be required to demonstrate that their projects work in the real world and transition to development where they are a daily reality.

General manager by Artemis Technologies Dr Ian Percy OBE He said:

The Clean Marine Showcase Competition is key to unlocking those shipping innovations across the region. UK We are excited to once again recognize the vital role that Artemis technologies can play in a more sustainable future.

With this latest funding, we are emboldened to advance our green technology projects, develop world-leading clean ships for our seas, and continue our mission to drive down carbon dioxide at sea.

Other winners include a project led by Collins River Enterprises Ltd to build and test a new fully electric ferry on the River Thames between Canary Wharf and Rotherhithe. C.M.D.C.

Another project led by AceOn Battery Solar Technology Ltd will develop hydrogen-powered ships to transport workers to wind farms in the port of Blythe on England’s northeast coast.

Wingtech is also accepting. CMDC3 Funding for the development and demonstration of 2 full-size wind-powered ships with high-tech sails, which will reduce the amount of fuel the ships use as well as the emissions they generate.

General manager of the UK Sarah Treasurer of the Shipping Department said:

Congratulations to all successful bidders covering various technologies and aspects of shipping.

of UK Shipping Council It is committed to net zero by 2050. This funding is an important milestone that will help us continue to work together to achieve this important target and complete the journey from theory to reality for zero emissions shipping.

Today’s funding comes from £206 million. UK Bureau of Transportation to Reduce Emissions (UK SHORE) plan, announced in March 2022.

of C.M.D.C It is one of many motivations. UK SHORE To support green technology. Last week, the government launched a competition for zero-emission ships and infrastructure to support projects in the later stages of development and a clean sea research center – the early science and research behind green technology.