Monday, September 9, 2019

London International Shipping Week 2019 Gets Under Way

Post Brexit Optimism from Government Ministers
Shipping News Feature

UK – At the start of London International Shipping Week (LISW 2019) the event has been hailed by government as an indication that, no matter the result of Brexit, the UK is open for business and has a bright future in international trade. Maritime trade will take centre stage this week as 20,000 industry leaders head to the capital for a host of individual events, exhibitions and seminars all concluding on Friday September 13.

Cabinet members including the Secretaries of State for Transport, International Trade and Defence as well as the Minister for Maritime will attend events across the week to champion their continued support for the sector, and highlight the UK as a hub for international maritime trade, with attendees including Europe’s biggest ship owners and international delegations including those from Greece, Brazil, South Korea, USA, Singapore, Hong Kong and China. Nusrat Ghani, Maritime Minister, said:

“Our maritime industry is thriving, and fundamental to our success as a trading nation, contributing £14.5 billion to the UK and, as the largest trade event this year, London International Shipping Week is a unique opportunity for us to promote our ambition for a Global Britain, and for the sector to secure fantastic trade for the UK.

“As we look to reframe our relationship with the world, government is determined to work with industry to showcase all the UK has to offer and I am delighted to welcome so many of our great trade partners to the capital.”

The shipping sector remains key to the economy, directly contributing £14.5 billion to the UK’s GDP and accounting for 95% of British trade. Ministers say they will use the week to set out a range of measures to support the maritime sector even further, as Government looks towards the UK’s role as a premier global trading nation post-Brexit, including plans and investments to strengthen UK ship-building, boost cutting-edge maritime technology, and increase the uptake of careers in the industry.

During the week, the UK Ship Register will also launch its future plans for growth, highlighting the British ‘Red Ensign’ as a symbol of the UK’s competitive advantage, offering a vibrant global shipping service by providing world class surveyors and regulation to ensure the safety of seafarers’ vessels and the environment.

Ministers will also highlight the value of the shipping sector to key coastal communities, with the sector directly employing more than 186,000 people. Domestically Maritime drives vital local investment. International Trade Secretary, Liz Truss MP, said:

“As the UK stands on the brink of a new era in our trading history, I’m committed to working with the maritime sector to ensure we remain a top trading nation. This week is a perfect opportunity to highlight our capabilities in areas such as digital technologies, shipbuilding, and maritime science and services so we can capitalise on demand for British-built vessels from around the world.

“As an island nation, shipping is the lifeblood of our trading success. That’s why I’ll be establishing Freeports across the UK as soon as possible after we leave the EU, to drive growth and activity at our ports and ensure towns and cities across the UK benefit from post-Brexit trade opportunities. ”

A full range of events which are happening during LISW 2019 can be seen HERE.