The UK Chamber of Shipping represents 170 companies in the maritime service sector. It is an industry that moves 95 per cent of the country’s international trade and supports 250,000 jobs. The UK is a world centre for: maritime law; finance, broking and insurance; maritime education; ship management; marine manufacturing; and engineering.
Leaving the European Union (EU) will not change many of the UK’s greatest strengths – its time zone, common law, English language and geographical position. Nor will it change the fact that the UK, as a cultural hub with excellent public infrastructure, is a place where people from around the world want to live and develop their talents.
However, the nature of its trading relationships, the regulatory environment that manages them, and the reputation of the UK as an outward-looking, global nation could change.
Depending on the nature of the separation, leaving the EU could be to the benefit or detriment of the UK – as, indeed, it could be to the remaining members of the union. This document sets out what the shipping industry believes are the absolute priorities for the UK Government ahead of its negotiations.
In short, these are:
- preserve existing ease of doing business
- ensure business has access to the world’s brightest talent
- reform domestic maritime policy to put the UK on the best possible footing after Brexit.