Memorandum by British Maritime Technology
Limited (FUS 24)
FUTURE OF THE UK SHIPPING INDUSTRY
I write as Chairman of the Marine Foresight
Panel and as Chairman of British Maritime Technology Ltd in response
to your call for written memoranda on the future of the UK shipping
industry. The shipping industry contributes in value added terms
some £2 billion to the UK GDP, the shipbuilding, repair and
equipment industries a further £3 billion and the ports a
further £800 million.
These economic facts, together with the employment
created and since over 90 per cent of goods exported from the
UK travel by sea, make a good enough case on its own for the fostering
of the shipping industry. Indeed, in the Marine Foresight Panel
we are currently studying the feasibility of a sophisticated modelling
technique to apply to the integrated transportation of goods.
Many countries give tax breaks, assistance with
training, etc., and these, together with safety and environmental
requirements, form part of the package for partnership between
the industry and government.
2 December 1998