Freeport East has announced that the HyZEM project, focusing on developing low-carbon green hydrogen technology for high-powered workboats, will receive funding from both Innovate UK and Australia’s Department of Climate Change, Energy, the Environment and Water. The project, facilitated by Freeport East in the East of England, aims to demonstrate practical applications of green hydrogen storage and propulsion on vessels, including bunkering technology, port storage, refueling infrastructure, and supporting local supply chains. Businesses from the UK and Australia specializing in green hydrogen storage and propulsion technologies are part of the project, which aligns with Freeport East's goal of driving domestic growth and attracting international investments. The project is led by Steamology, a zero-emission power solutions provider, and involves key players like the National Composites Centre, Duodrive, Chartwell Marine, and the ORE Catapult. Participants in the project emphasize the significance of using innovative technologies such as hydrogen-storage and hydrogen-fueled turbines to decarbonize the marine industry, which could lead to cost savings, risk reduction benefits, and a reduction in environmental impact. The overall sentiment in the article is positive, highlighting the rapid growth and innovation-driven initiatives within the freeport and how the advancements in green technology solutions can support UK businesses succeed globally.