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Maritime Repower GrantsLucy Kettle2023-08-04T15:16:33+00:00

Maritime Repower Grants

Maritime Repower Grants

UK Seafood Fund – Fleet modernisation – engine replacement and engine modification.

DEFRA has now announced round 3 of the Infrastructure funding, part of the UK Seafood fund, which is designed to modernise commercial marine fishing vessels by replacing diesel engines manufactured before 2016 with newer diesel and petrol marine engines and/or electric and hybrid drive solutions.

Now open to vessels over 10m, the funding window will close on the 13th of December 2023, with up to £160,000 or 90% of the costs for hybrid systems, or 50% to a maximum of £80,000 available for conventional diesel marine engines. Don’t miss out on funding! We have a wide range of marine engines with operating powers up to 1215kW/ 1650hp, including IMO Tier III compliant models and hybrid drive solutions. Our team can assist you in preparing your funding application.

To get started, complete our short application form below.

FAQs

What funding is available, and to who?

For hybrid solutions up to a Maximum of £160,000 or 90% of the costs. For conventional diesel marine engines up to 50% to a maximum of £80,000.

What driveline components are eligible for funding?

Complete Propulsion solutions including the Engine, Gearbox, and Hybrid solutions to replace complements manufactured before 2016.

Does my vessel qualify?

Funding was only previously available to vessels below 10m. The funding is now open to all commercial marine fishing vessels.

What are the steps I need to take to secure funding?

Grants are available until the 13th of December to a maximum of £2 Million. Once the threshold has been reached no more grants will be available. Talk to our team today to start your application.

Is there a limit on engine size?

There are no limits on the size of the engine available for the grant.

How can Hendy Power help me with my application?

We can help you specify your engine requirements, along with assisting with other drive components, such as PTOs and gearboxes. We can also assist with hybrid drive solutions.

We can offer guidance on how to apply to secure your funding.

When does the grant application window close?

On the 13th December 2023.

Please take a look at our comprehensive marine portfolio by downloading the brochures below

FPT Industrial Marine Engines Brochure

Baudouin Marine Engine Brochure

Baudouin Hybrid Solutions Brochure

Grant Application Form

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