Transcript UK shipping & ports - International Maritime Statistics Forum | IMSF

Chamber of Shipping
DRIVING ECONOMIC RESEARCH ON THE UK
MARITIME ECONOMY
Trade Association
 140+ Members (Full & Associate)
 860 Ships
 23 Million GT

Sea Vision UK
Established 2003: to raise awareness of the sea and the
maritime sector
Over 400 partners and 5,000 friends from across the
maritime sector
2009: focused on raising awareness of maritime in
education and promoting the job and career
opportunities across the sector
Sea Vision UK
• Need for data on wider maritime economy
 Established a working group of industry
experts to define the maritime economy
 Desk-top research to estimate size and
importance based on turnover and
employment
UK Maritime Economy - 2001
Sector
Turnover
Employment
(£bn)
Oil & Gas
9.20
25,500
Shipping
5.12
31,500
Manufacturing
Shipbuilding
Marine Equipment
5.20
2.54
2.66
40,600
24,000
16,600
Maritime Services
4.54
13,800
Ports
1.69
25,000
Defence/Naval
6.66
61,500
Leisure Marine
1.61
26,378
Other
Telecommunications
Research & Development
2.82
0.50
0.61
30,460
New Technologies
Education & Training
Ocean Survey
Safety & Salvage
Minerals & Aggregates
Fisheries
0.23
0.14
0.10
0.32
TOTAL
8,040
1,100
0.92
4,200
2,000
15,120
36.84
254,738

One Voice
Brings together Shipping, Ports and Maritime business
services to speak as ‘one voice’ to Parliament on key
strategic and practical issues of joint concern.
The participating organisations :
 The Baltic Exchange
 The British Ports Association
 The Chamber of Shipping
 The Federation Council of the Institute of Chartered Shipbrokers
 Maritime London
 UK Major Ports Group
One Voice
• Need for more detailed analysis of the major
players in the UK maritime economy




Turnover
Employment
Contribution to GDP
Contribution to Exchequer (tax revenues)
Oxford Economics
World leader in quantitative economic analysis and forecasting, and in
practical, evidence-based business and public policy advice.
International reputation built on:
 The calibre of staff: more than 60 experienced professional
economists and have staff in the UK, US, Singapore and France.
 Rigorous, quantitative approach, including a range of models and
scenario tools to answer practical questions.
 Ability to answer the 'So what?' questions, helping clients to
understand challenges and strategic choices.
 Close links with Oxford University and a range of partner institutions,
providing access to the latest thinking.
Economic Impact Analysis
 Assess the contribution of the ports and shipping industries to
the UK economy, focusing on four main channels:
 Direct - employment and activity in the ports and shipping industry.
 Indirect - employment and activity supported down the supply chain,
as a result of both industries’ purchases of goods and services from UK
suppliers.
 Induced - employment and activity supported by those directly or
indirectly employed in both industries spending their incomes on
goods and services in the wider UK economy.
 Catalytic – industries enabled by both industries.
Direct Economic Impact of Shipping
Shipping industry's annual turnover and
contribution to GDP
£ million
12
Turnover
10
8
Value added
6
4
2
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
Direct Economic Impact of Shipping
Employment in the UK shipping industry
Number of people
Non-UK
Ratings
100,000
Non-UK
Officers
80,000
UK
Ratings
60,000
UK
Officers
40,000
Onshore
20,000
0
2004
2005
2006
2007
Total Economic Impact of Shipping
£plus
GDP (mn)
£1,640
.
.
£3,520
.
.
£4,670
96,000
Direct
+ indirect
+ induced
+ catalytic
79,000
37,000
plus
Employment
Direct Economic Impact of Ports
Direct Economic Impact of Ports
Total Economic Impact of Ports
£plus
GDP (mn)
£3,580
.
.
£6,680
.
.
£7,660
132,000 150,000 80,000
Direct
+ indirect
+ induced
+ catalytic
plus
Employment
Combined Impact – Adjust for Double
Counting
Employment impact of both ports and shipping
industries
700,000
600,000
500,000
Ports
400,000
300,000
200,000
Shipping
100,000
0
Individual Industries
Combined
Economic Impact of Maritime Sector
• Maritime Services:
 London is a leading global centre in the supply of business services to the
international maritime shipping community. It has a 60% share of the
world’s protection and indemnity insurance.
 The Oxford Economics study did not investigate the maritime business
service sector. It is intended to be included next year. Based on Crown
Estate’s (2008) data, Oxford Economics estimates it supported 27,000 jobs
and contributed £4 billion to UK GDP.
•
‘OneVoice’ – shipping, ports and maritime business services
 In 2007, the OneVoice sectors directly contributed £12.7 billion to UK Gross
Domestic Product
 In total, they contributed around £25 billion to UK GDP.
 The OneVoice sectors directly employ 230,000 people. This is 0.8% of all
employment in the UK.
 In total, they supported around 500,000 jobs.
One Voice
Over time the intention is to extend the
coverage of ‘OneVoice’ to most, if not all, of
the component parts of the UK maritime
economy. As that occurs, a proportionate
level of economic analysis could be applied to
each new sector.
However, in the interim.........................
UK Maritime Economy - 2007
2001 Estimate
Sector
Turnover
(£bn)
Employment
2007 Estimate
Turnover
(£bn)
Employment
Oil & Gas
9.20
25,500
4.550
Shipping
5.12
31,500
9.814
38,400
Manufacturing
Shipbuilding
Marine Equipment
5.20
2.54
2.66
40,600
24,000
16,600
3.865
1.950
1.915
51,000
25,000
46,000
Maritime Services
4.54
13,800
3.006
14,100
Ports
1.69
25,000
19.402
138,000
Defence/Naval
6.66
61,500
8.185
74,760
Leisure Marine
1.61
26,378
2.952
35,680
Renewable Energy
0.671
600
Construction
0.587
6,200
Decommissioning Platforms/Rigs
0.080
1,200
30,460
2.445
30,833
Other
2.82
Telecommunications
0.50
Research & Development
New Technologies
0.61
0.23
8,040
0.797
10,360
Education & Training
Ocean Survey
0.14
0.10
1,100
0.073
0.104
350
Navigation and Safety
Aggregates
Fisheries
0.32
0.450
0.92
4,200
2,000
15,120
1.021
5,000
1,670
13,453
36.84
254,738
55.56
390,773
TOTAL