EMEA News
UK Funding Marine Efficiency Project
A consortium led by a UK shipyard has received £800,000 ($1,310) in government funding to develop new efficiency measures for ships, the UK newspaper Western Morning News reports.
Falmouth-based Pendennis Shipyard is leading the effort, known as the High Efficiency Marine Energy project, which aims to improve performance through adjustments to a wide variety of ship technology, from propellers to generators.
Pendennis focuses on building and repairing large yachts, according to its website.
The other members of the consortium are Fowey data management company Triskel Marine, Kent control panel specialist Energy Solutions, and Bruntons Propellers of Essex.
The funding is part of a £8 million ($13.1 million) pool from the Technology Strategy Board and was awarded in a competitive process.
"The Technology Strategy Board has provided an opportunity for an experienced collaborative group to deliver results that no single company could achieve," said Toby Allies, sales and marketing director at Pendennis.
"There are couple of products out there which fill one part of the jigsaw puzzle but this isn't just talking about one thing, it's looking at how boats are managed overall.
"It's the first innovation looking at boats in the superyacht sector."
The Technology Strategy Board has just begun a second round of the funding competition.
