Funding

INDUSTRY NEWS

INDUSTRY NEWS

The US Maritime Administration (MARAD) is to spend $35 million on modernising small shipyards, funding upgrades to facilities, new equipment and maritime workforce training.

17th August 2026

US government extends a hand to small shipyards

17th August 2026

ENVIRONMENT

ENVIRONMENT

More than €1 billion is being spent on flood defence projects in EU countries between 2021 and 2027, with 75% of it coming from the EU’s own coffers.

19th February 2026

€1 billion spending by EU states on flood defence

19th February 2026

ENVIRONMENT

ENVIRONMENT

How can small and medium-sized shipowners operating near-shore commercial vessels affordably start their decarbonisation journey? Andrew Southwood, Marine Finance, Siemens Financial Services UK lays out short-, medium- and long-term solutions for a sustainable transition.

18th February 2026

Decarbonising near-shore fleets: Navigating change and seizing opportunity

18th February 2026

ENVIRONMENT

ENVIRONMENT

A £1 million (€1.1 million) funding competition has been launched in the UK to speed up innovation in two critical areas of offshore wind engineering.

28th January 2026

Offshore innovation funding competition launched

28th January 2026

ENVIRONMENT

ENVIRONMENT

The Offshore Wind Growth Partnership’s (OWGP) Manufacturing Facility Support Programme (MFSP) has been designed to drive investment and increase UK offshore wind manufacturing capacity and capability.

31st March 2025

£1.4m boost for UK offshore wind manufacturing

31st March 2025

ENVIRONMENT

ENVIRONMENT

The Biden-Harris Administration has announced up to US$112.5 million in funding to advance wave energy technology, the largest investment of its kind.

24th September 2024

US launches largest wave energy funding opportunity

24th September 2024

INDUSTRY NEWS

INDUSTRY NEWS

Seawork exhibitor RAD Propulsion has closed a £4.27 million (€5 million) funding round to scale up its RAD 40 electric propulsion drive.

7th June 2024

RAD Propulsion closes €5 million scale-up funding

7th June 2024

INDUSTRY NEWS

INDUSTRY NEWS

Projects aimed at making emission-free maritime transport a reality have been awarded millions in the latest round of the UK’s Clean Maritime Demonstration Competition (CMDC).

3rd October 2022

Artemis wins € millions in clean maritime funding

3rd October 2022

SUBSEA SERVICES

SUBSEA SERVICES

Baird Capital’s Global Private Equity team has announced an investment in one Scottish underwater equipment specialist with big ambitions in offshore renewables.

18th January 2022

Offshore wind growth prompts subsea cash injection

18th January 2022