Transcript Presentation by Doug Barrow, CEO at London Maritime

Why London is the world leader for
Shipping Services?
Tuesday 15th July 2014
Doug Barrow
First trip to sea!
Liverpool
Chinatown
Liverpool
Maritime London
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Established 2001
Trade promotion of the maritime services of the UK
Membership organisation
Represents over 10,000 people
www.maritimelondon.com
Maritime UK
• One voice for shipping, ports and maritime business
– Baltic Exchange
– British Ports Association
– CLIA UK & Ireland
– Institute of Chartered Shipbrokers
– Maritime London
– UK Chamber of Shipping
– UK Major Ports Group
London
Londinium
Britain ruled the waves
Lloyd’s of London
London in the past
British shipbuilding
MARITIME SERVICE CLUSTER
Insurance
Education
Ship
registries
Class
Shipowner/
Charterer
Management
Legal
Shipbroking
Finance
10 REASONS
st TO CHOOSE LONDON
London a 1 Class Maritime Centre
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One stop shop
Robust legal system
Skills base
Education
Gateway to the world
Ease of relocation
Quality services
International outlook
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Adaptability
Cosmopolitan city
Time zone
Financial centre
Competitive tax regime
Sound infrastructure
Good communications
1st class commercial centre
Charles Darwin
It is not the strongest of the
species that survives,
nor the most intelligent,
but the one most responsive to
change.”
Ethics
Our word our bond
10 REASONS
st TO CHOOSE LONDON
London a 1 Class Maritime Centre
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One stop shop
Robust legal system
Skills base
Education
Gateway to the world
Ease of relocation
Quality services
International outlook
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Adaptability
Cosmopolitan city
Time zone
Financial centre
Competitive tax regime
Sound infrastructure
Good communications
1st class commercial centre
Maritime importance to the UK Economy
• Contribution from
– Shipping
– Ports
– Professional services
• Includes
– Direct
– Indirect
– Induced
• 2009
– £26.5bn gdp
– 531,000 jobs
– £7.8bn to the Exchequer
• 2011
– £31.7bn gdp
– 634,900 jobs
– £8.5bn to UK Exchequer
Ministerial round table meetings
First in the series
LISW13
• Shipping driver for globalisation
• 95% of world trade carried by ship
• World trade expected to grow by 4.7% in 2014
and 5.3% in 2015
• World seaborne trade ~ 5% of world trade
Maritime London
c/o The Baltic Exchange
38 St Mary Axe
London EC3A 8BH
E-mail: [email protected]
Tel: +44 20 7929 4999
www.maritimelondon.com