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

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Finance

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

Continership Alliance Expands to US Trades

The CKYHE Alliance (COSCO, "K" LINE, Yang Ming, Hanjin Shipping, and Evergreen Line) has announced they will expand their cooperation scope to U.S. Trades and CKYHE

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.

News

PES to Begin Operating Benzene Terminal in November

Philadelphia Energy Solutions plans to start operating a new benzene offtake terminal next month at its 335,000-barrel-per-day refinery in Philadelphia, two people familiar with the plans said.

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Sunken Barge Salvage Stops Traffic on Chicago River

The U.S. Coast Guard said it is restricting vessel traffic on the Chicago River to allow for salvage of a sunken barge. All cargo has been removed from the sunken

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 Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Sonar
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: 0.1865 sec (5 req/sec)