Bojan Lepic of Splash247.com tells his readers about the announcement of a $9.85m funding boost for The Smart Shipping Acceleration Fund in the UK. Lepic writes:

UK Maritime Minister Lord Davies of Gower has announced an £8m ($9.85m) funding boost to kickstart feasibility studies for smart shipping technologies such as AI, robotics, and autonomous vessels.

The Smart Shipping Acceleration Fund, launched today in Southampton could result in innovations which will boost the economy and support coastal communities.

The winning projects for these funds will also require match funding, leveraging further investment from the private sector. Successful ports will be able to use AI to detect safety hazards, optimise port activities, and reduce their environmental footprint. […]

“This new fund will allow the fostering of innovation and embracing of cutting-edge technologies, so we can ensure the UK maintains its position as one of the global centres for green maritime technology,” added Chris Shirling-Rooke, chief executive at Maritime UK.

Read more here.