UKSHORE briefing event to update the industry on the latest round of funding: UK shipping and coastal communities are set to be transformed with a £271 million boost from the government announced today (3 March 2026) to develop green boat fuel and boost innovation in the maritime sector, which could support thousands of skilled jobs.

The funding has been awarded from the seventh round of the Clean maritime demonstration competition (CMDC) and the second round of zero emissions vessels and infrastructure (ZEVI) fund, and will give successful companies grants to help decarbonise the maritime sector by developing clean maritime fuels and infrastructure.