The UK Government’s Transport Committee has published a report on the Government’s Maritime 2050 strategy, and calls for investment in new technology, cleaner fuels and workforce training so that the UK’s sector can compete with the world.
This sometimes-overlooked “Cinderella” sector is vital to the UK economy. Approximately 95 per cent of goods by weight come to the UK by ship, and the Department for Business and Trade predicts maritime cargo volumes will triple by 2050. The UK’s sector employs 185,000 people throughout the four nations and contributes £40 billion a year to the economy. Continue reading “UK Transport Select Committee publishes report on Maritime 2050”