Following the election of the new Conservative Government in the UK, Nautilus has welcomed new research showing that the maritime sector is worth almost £10bn a year to the UK economy.
A report from Oxford Economics values the combined direct contribution of the UK maritime services sector – including the shipping, ports and business services industries – to have been £9.9bn in 2013.
The sector directly employed a total of 239,200 people in 2013 and the combined direct contribution of maritime industries to the exchequer was £2.5bn.
Continue reading “UK Government urged to get its slice of the valuable maritime sector”