As an island nation the UK has traditionally been a leading player in the global maritime industry.
The maritime industry is critical to the UK economy with approximately 95% of all imports and exports transported by sea, including 25% of the UK’s energy supply, and 48% of the country’s food supplies. Maritime business services directly contribute £2 billion gross value added (GVA) to the UK economy; this is expanded to £5 billion GVA if the wider impacts of the sector are considered.
In addition to freight and goods movements the UK has a significant maritime tourism and leisure industry which was valued at £3.12 billion in 2017. The UK has a thriving and growing cruise sector with 1.96 million cruises sold in the UK in 2017, half of which started at a British port.
The UK is also a world leader in maritime services such as insurance, regulation and certification with London being the global hub for all such services.
Clean Maritime Demonstration Competition
To celebrate the success of the Clean Maritime Demonstration Competition, Innovate UK Business Connect, on behalf of the Department for Transport and Innovate UK, has collated a series of videos into an online showcase highlighting all the innovative projects winning a share of the £23m funding. These projects represent some of the best examples of UK organisations being world leaders in clean smart maritime technologies of the future which will springboard the UK maritime sector’s transition towards Net Zero.
Browse the videos here.
Horizon Europe: Clean and competitive solutions for all transport modes
Opens: 07/12/2023 Closes: 18/04/2024
Research and innovation across all transport modes sought, for the EU to reach net-zero greenhouse gas emissions and reduce air pollution by 2050
Global Business Innovation Programme: Ocean Technology, Canada
Opens: 21/02/2024 Closes: 24/03/2024
Innovate UK invites ambitious Ocean Technology sector companies to join our programme in Canada with two workshops and a market visit.
Futurescope High Growth AI Accelerator for Transport sector
Opens: 14/02/2024 Closes: 13/03/2024
A 14-week accelerator programme for UK-based startups, scaleups and SMEs to validate and develop AI and ML deep-tech solutions.
Related Events and Recordings
Innovate UK Launches £100 Million AI Fund for UK Business
Innovate UK, the UK’s national innovation agency, has unveiled BridgeAI, a new programme which aims to drive growth and competitiveness in the UK economy through the adoption of artificial intelligence (AI) and machine learning (ML).
Decarbonising Ports & Harbours: Industry Insights & Vision report
This report is a collection of knowledge and insights shared by the Maritime & Ports Innovation Network and curated by our experts in the maritime transport and clean energy systems sector.