“Maritime 2050 is a once in a generation opportunity to set an ambitious vision for the future of this key sector and I encourage all of those who depend on shipping to have their say.” -Transport Secretary, Chris Grayling
For any government to understand a growing market they first need to understand how the industry works. Once they’ve got a basic grasp of the industry they can start to understand how to adapt their policies and more importantly react to the trends of the industry. Any country that refuses to listen and tailor their minds to the advances in the industry could find themselves in a vulnerable position, lagging behind the performance of other countries.
Within 12 months the UK Brexit plan will be implemented and with many businesses relying on import and exports, it’s inevitable they will be looking to Mr Grayling’s board to design new ways to attract and promote maritime trade. Having said that, the maritime world will also expect the board to understand shipping strengths & growth, while taking note of potential risks as they formulate plans. Now is undoubtedly a very important time for the UK maritime industry as well as other businesses that rely upon the UK maritime companies.
To read the Maritime 2050 document produced by the Department of Transport click here