Published on: 24 March 2022
As part of the government’s refresh of the National Shipbuilding Strategy, it has launched a new unit, known as the UK Shipping Office for Reducing Emissions (UK SHORE), to tackle shipping emissions and advance the UK towards a sustainable shipping future.
UK Shore includes £206 million of new funding to accelerate research into and development of clean maritime technologies and create skilled jobs across the country. The clean maritime competition has been given a multi-year extension for UK organisations to accelerate zero emission shipping technologies. UK SHORE will also help develop the infrastructure to enable zero emission technologies and the physical infrastructure needed to power these new-age vessels, all part of the government’s new shipbuilding strategy.
The strategy will also:
- Put in place the optimum organisational and governance structures to ensure a coherent, joined-up approach through the establishment of an empowered National Shipbuilding Office (NSO)
- Clarity on future orders by setting out a 30-Year Cross-Government Shipbuilding Pipeline including the new National Flagship and the policy objectives, which will underpin government procurement programmes
- Develop a model for a Home Shipbuilding Credit Guarantee Scheme to level the playing field for domestic shipbuilding orders, which will complement the working capital and buyer credits provided by UK Export Finance (UKEF)
- Proactively pursue export opportunities through a coordinated approach with government and industry, underpinned by the Maritime Capability Campaign O(MCCO) within the Department for International Trade (DIT) which will act as the exports arm of the NSO
- Work with industry to better understand the demand and supply of skills by creating a UK Shipbuilding Skills Taskforce reporting into the NSO.
Find out more on the gov website here