Maritime and marine sector receives £3m boost

Posted on 8 Jan 2014 by The Manufacturer

Businesses developing innovative solutions to reduce emissions in naval, leisure and merchant marine vessels while improving overall efficiency are to get a £3 million boost from the UK’s innovation agency.

At the London boat show yesterday, business and energy minister Michael Fallon announced the opening of a new collaborative R&D competition run by the Technology Strategy Board aimed at businesses in the £19 billion UK maritime and marine sector. Mr Fallon said: “The marine industry is of vital importance to the UK economy, contributing around…

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