Jason Ford

Investment set to support vessel efficiency projects

News

Innovators working on marine vessel efficiency are being encouraged to apply for funding through a competition being run by the Technology Strategy Board and its partners.

The £8m investment will be made by the Technology Strategy Board, the Ministry of Defence’s Defence Science and Technology Laboratory (Dstl) and Scottish Enterprise through a competition for funding of fast-track and collaborative research and development (R&D) projects.

Dubbed ‘Vessel Efficiency: Piloting Marine and Maritime Innovation’, the competition is encouraging proposals from businesses to develop solutions covering technology areas that have the potential to improve efficiency in existing and future ships, boats and submarines and their associated equipment and systems.

In a statement, David Sherburn, maritime domain leader at the Dstl, said: ‘Military and civil operators are faced with the same challenges of reducing fuel use, with the Royal Navy targeted to reduce fossil fuel use by 18 per cent by 2020. Hence there is significant overlap in the utility of vessel efficiency technologies between the military and civil markets.’

Iain Gray, chief executive of the Technology Strategy Board, added: ‘The UK’s marine industries employ more than 90,000 people, generate more than £10bn turnover and have tremendous prospects for growth through innovation.’

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