To mark this year’s World Maritime Day, Transport Secretary Anne-Marie Trevelyan is announcing funding for the third round of the clean maritime demonstration competition (CMDC), which will run from April 2023 to March 2025 and help innovative companies and scientists make emission-free maritime a reality. 

The address will focus on how maritime security improves global prosperity and protects all of our interests, as well as how more environmentally-friendly shipping can lead to a sustainable future for maritime trade.

UK companies will be able to bid for a slice of the funding to supercharge the development of early-stage clean maritime technologies for wider use in the future.

This is all part of government plans to back innovative businesses and reach net zero emissions by 2050.

Transport Secretary Anne-Marie Trevelyan said:  

“The UK has always been a proud seafaring nation and helping the maritime sector to be more environmentally-friendly will mean it continues to play a key role in the UK’s economy for generations to come.

“This World Maritime Day we’re announcing funding to harness the best innovations the UK has to offer – proving that tackling climate change can go hand-in-hand with business innovation, job creation and supercharging economic growth.

The announcement follows the allocation of £206 million to support zero emission sailing and skilled maritime jobs as part of UK SHORE, announced in March this year.