The UK government is to invest £77m ($92m) in developing decarbonisation technology for the maritime industry.

The funding is aimed at realising the UK’s first zero-emission passenger and cargo ships by 2025 and to create thousands of jobs in its maritime industry.

“This multi-million-pound investment will help the latest tech ideas become reality and ensure UK waters will play host to green cargo ships, ferries and cruises in the next few years,” said transport secretary Mark Harper.