The UK’s maritime sector is to receive a sizeable cash injection from the Department for Transport that will help it reduce its emissions.
The Department for Transport has allocated £206m ($271.2m) that will be invested in research into and development of clean maritime technologies and job creation across the UK, a statement said on Thursday.
The funds come as part of the UK Shipbuilding Strategy, which also includes the launch of UK-SHORE, a new dedicated unit within the Department for Transport that will focus on decarbonising the maritime sector.