
British Marine has published key findings for the UK’s small commercial marine sector in response to an industry call for a clear barometer measuring the performance of the entire sector. This is deemed pivotal for businesses future planning and ultimately, ensuring the prosperity of the UK industry.
According to the research, the sector generated a turnover of £182 million in 2015-16, employing 1,876 people across 395 businesses. It also reveals that over half (53.7%) of the sector’s turnover was generated by companies within the supply chain, whilst nearly a third (32.9) was from commercial marine builders and the remaining 13.4% was secured by business services.