The Fleet Modernisation round, part of the £100 million UK Seafood Fund, is now open for applications until 31 October 2023 to support the catching sector.
The UK fishing industry is to benefit from an initial £2 million investment to trial new, greener engines that will reduce fuel costs and help create a safer, more sustainable fishing fleet.
From today, vessels in the small-scale coastal fleet can bid for up to £40,000 to trial hybrid and electric engines, and up to £20,000 to fund replacement petrol and diesel engines that are more environmentally friendly.
As well as supporting the fishing industry to deal with rising fuel costs, the trial aims to gather new data and evidence to help reduce greenhouse gas emissions, improve efficiency and reliability, and help the fishing industry to reach net zero.
This round will be administered by the Marine Management Organisation (MMO), more details on how to apply on the UK Fisheries Support System (UKFSS) can be found on the Infrastructure Scheme webpage
