The status and economic impact of UK shipping

The UK is a world-leading maritime services centre, with one of the largest clusters of marine insurance, ship finance, law, classification societies, shipbroking, education and consultancy organisations based in the heart of London.

Shipping has been a major source of growth for the UK economy over the last decade, following a dynamic revival of the UK fleet. Latest data shows that shipping, ports and the maritime business and services sectors:

  • contribute £31.7bn to UK GDP
  • support 537,500 UK jobs and
  • provide £8.5bn in tax receipts to the UK exchequer.

Shipping is a high-productivity industry, and requires a stable and competitive environment in order to continue to thrive in the UK. The Government’s continued commitment to tonnage tax is crucial to ensure that the UK remains an attractive location for maritime investment.

Tonnage tax

Tonnage tax

Read a briefing on tonnage tax and its vital importance to UK shipping

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Key statistics

Key statistics

Access the latest sets of statistics on shipping, including fleet size and its impact on the UK economy and employment

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Publications and briefings

Publications and briefings

Access the UK Chamber of Shipping’s latest policy briefings, publications and guidance

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