Maritime sector calls for £2bn to decarbonise ‘world-leading’ industry

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Maritime UK has asked the Government for a significant increase in investment to fund green shipping innovation.

Britain’s maritime industry is calling for a big increase in Government investment to help the UK lead the way in decarbonising the sector.

He told the PA news agency: “If we are going to decarbonise, we are going to have to work with Government and Government is going to have to work with industry.UK-based Artemis Technologies has developed an electric, zero emissions ‘flying’ boat, built in Belfast In March 2022, the Department for Transport announced the £206 million UK Shipping Office for Reducing Emissions programme to focus on accelerating the technology necessary to decarbonise the domestic maritime sector.

London International Shipping Week , which runs from Monday, is intended to provide a showcase for green shipping, including a demonstration by a new zero-emission “flying” boat built in Belfast and developed by UK company Artemis. He said: “Don’t try and do everything badly. We have an advantage here and green technology, it’s quite cheap to test now because we’re an island nation.“Obviously there’s huge, aggressive investment in the US and Europe. If we don’t at least pick some areas where we are going to lead and have competitive advantage, we are going to fall behind.”

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