Maritime industry leaders from across the globe are expected to gather for a week of meetings and events in the capital.
Welcoming the new initiative, Maritime London's chief executive, Doug Barrow, said that London International Shipping Week was the right vehicle to underline London’s role in maritime services and to promote London’s position as a maritime leader. “It is an opportunity for great networking with representatives across all maritime sectors,” he said.
London International Shipping Week – Propelling World Trade will run from of September 9 to 13, and is organised by Shipping Innovation – a joint venture between Elaborate Communications and Petrospot – in association with Maritime UK partners, comprising the Baltic Exchange, Maritime London and the UK Chamber of Shipping, and with TheCityUK, the independent promotional body for UK financial and professional services.
In a statement the organisers note the UK is the leading centre worldwide in the supply of a broad range of professional and business services to the international maritime community, accounting for 21% of premiums in international marine insurance, over $64bn in committed ship finance (or 15% of the world loan book) and it has the largest concentration of legal service firms specialising in the sector. London is also the predominant supplier of ship broking services worldwide and is the major player when it comes to maritime dispute resolution.