Grant News

The UK government has announced a £30 million grant aimed at decarbonising sea travel and improving coastal economies, as part of its broader Plan for Change. This funding is part of the Clean Maritime Demonstration Competition (CMDC6) and is designed to support the development of clean maritime technologies, including electric, hydrogen, ammonia, methanol, and wind power. The initiative seeks to solidify the UK's position as a leader in clean energy, while simultaneously boosting regional economies, creating jobs, and attracting investment in the maritime sector.

Eligible applicants for this grant include organisations involved in maritime transport and related fields, particularly those focusing on innovations that contribute to decarbonisation. The competition is managed by Innovate UK in partnership with the Department for Transport. The application process opens on 24 January 2025 and will close on 16 April 2025. This initiative is part of a larger £236 million programme by the UK Shipping Office for Reducing Emissions (UK SHORE).

Innovators in the maritime industry are encouraged to apply, with past funded projects including the installation of electric chargepoint networks, retrofitting hydrogen research vessels, and implementing carbon capture systems on ships.