PM Leads Talks on Boosting UK Maritime Interests

MarineLink.com
Monday, September 09, 2013
PM David Cameron in discussions: Photo credit Maritime UK

Government ministers and industry leaders met at number 10 Downing Street today for a meeting to decide how best to maintain Britain’s competitive position in the global maritime industry.

The roundtable meeting, set up to mark the beginning of London International Shipping Week, was attended by senior figures from top global shipping companies and focused on the elements required to boost the UK’s reputation as a leading maritime services centre.

Transport Secretary Patrick McLoughlin said: “This is an industry with a natural home in the UK and London is the centre of the world for the professional, business and financial services that keep ships sailing. 
“Our quality flag, attractive tax regime, competitive ports, skilled labour base, expert service sector, and stable regulatory framework put us in a strong position. We want to work with the industry to understand what could make the UK an even more attractive place to do business.”


Shipping remains a growth industry in the UK and gross tonnage has more than trebled on the UK shipping register over the past decade. Employment in shipping has doubled from 73,000 in 2004 to 146,000 in 2011.

Mr Mcloughlin took advantage of this occasion, the first day of the inaugural London International Shipping Week to announce a boost for the government’s Support for Maritime Training (SMarT) programme which will receive an extra £3m per year in addition to its original £12m per year budget. This £3m bonus will support an additional 200 trainees each year.

Commenting on the SMaRT funding increase, Kenneth MacLeod, President of the UK Chamber of Shipping said: “This is a clear vote of confidence from Government on the ability of the maritime sector to create UK jobs. The wider maritime sector supports 263,000 jobs and UK employment has grown 6% since 2009. I started my career as a junior rating on a ship’s galley and I know first-hand that giving young people more opportunities to work at sea is vital to the continuing success of our maritime economy. As a result of today’s announcement, more young people will have the chance to follow in my footsteps and build a career in global trade."
 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Zamakona Yards Delivers Tuna Freezer Vessel

Zamakona Yards yesterday celebrated in Getxo (Bizkaia) the delivery of the tuna freezer vessel LJUBICA, their latest construction to the owner group Jadran based in Ecuador and Panamá.

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

FortisBC Starts Expansion of Tilbury LNG Facility

FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.

Finance

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

FortisBC Starts Expansion of Tilbury LNG Facility

FortisBC – a subsidiary of Fortis Inc. has officially started construction of its $400 million Tilbury LNG Facility expansion project today. The company is adding 1.

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

News

Zamakona Yards Delivers Tuna Freezer Vessel

Zamakona Yards yesterday celebrated in Getxo (Bizkaia) the delivery of the tuna freezer vessel LJUBICA, their latest construction to the owner group Jadran based in Ecuador and Panamá.

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

GOST Security System thwarts Break-in

GOST® (Global Ocean Security Technologies), a world leader in vessel security, tracking, monitoring and video surveillance systems, announced today that its

People in the News

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Singapore’s MPA Discuss LNG Bunkering

The Maritime and Port Authority of Singapore (MPA), Antwerp Port Authority, Port of Rotterdam and Port of Zeebrugge participated in a Liquefied Natural Gas (LNG)

Key to Somalia's Recovery

Piracy, terrorism and criminal activities originating in Somalia can only be addressed by creating a climate of security, engagement and empowerment that will encourage home grown businesses,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2794 sec (4 req/sec)