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“Despite a lack of long-term funding certainty, we will

continue to be creative and support the growth and

modernisation of our nation’s maritime infrastructure”

Paul ‘Chip’ Jaenichen,

US Maritime Administrator

international trade, Mr Hands said: “It’s a growing

industry: global seaborne trade is predicted to

double by 2030, most of it outside Europe. And it’s

an area in which the UK is already world class.

“Our quality lag, attractive tonnage tax regime,

strong competitive ports, innovative engineers

and world-class maritime training programmes,

together with a stable regulatory framework and

an attractive commercial environment – all of

these combine to make the UK a great place to do

maritime business.

“As well as being a global inancial powerhouse,

the City is home to a one-stop shop of maritime

professional and business services on which the

global industry can continue to rely. And we are

always looking at how we can make our offer even

stronger.”

Speaking during the LISW15 Conference panel

discussion moderated by the BBC’s Emily Maitlis,

Robert Goodwill MP, Minister for Shipping & Ports,

added: “The best way we can support the shipping

industry is by supporting the free operation of the

market,” adding that this partnership approach

has been central to the Maritime Growth Study,

published by Alderman the Lord Mountevans of

Chelsea, Chairman of Maritime UK.

|18|LISW 2015 Report