It will invest £55m in the next 10 years to achieve this

The proposal would see shipping firms pay into a climate fund depending on the level of carbon their fleets emit

That’s the view from a cross-party committee advising on future steps

The funding will fuel a two-year project that will see various British companies take their solutions to market

Zero-emissions vessels will set sail on British waters within two years, the government has said

Member states must reduce emissions by 40% compared to 2005 levels in sectors that are currently not regulated under the EU Emissions Trading System

A deal has been struck to build zero-emission shipping routes between the UK, US, Norway and the Netherlands

The Clean Energy Marine Hubs Initiative aims to advance the production, export and import of low carbon fuels

The EF-24 Passenger vessel is said to produce fuel savings of up to 85% compared to conventional high-speed diesel ferries

R&D projects devoted to zero-emission tech will receive the investment