The UK Government has allocated funding of nearly £2m ($2.5m) for a novel, zero-emission high-speed ferry research project.

The qualifying consortium aims to develop an electrically-powered, hydro-foiling trimaran carrying up to 40 passengers on short- to medium-range coastal and estuarial routes.

Initial evaluations have highlighted the scope offered by the concept, whereby the foiling trimaran incurs minimal drag and calls for very low installed power. Studies will now be taken forward by a collaborative team comprising Solent University, design consultancy Chartwell Marine, and engineering consultancy Newcastle Marine Services.