1. Chamber of Shipping DRIVING ECONOMIC RESEARCH ON THE UK MARITIME ECONOMY

2. Trade Association  140+ Members (Full & Associate)  860 Ships  23 Million GT 

3. 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

4. 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

5. UK Maritime Economy - 2001  SectorTurnoverEmployment (£bn) Oil & Gas9.2025,500 Shipping5.1231,500 Manufacturing5.2040,600 Shipbuilding2.5424,000 Marine Equipment2.6616,600 Maritime Services4.5413,800 Ports1.6925,000 Defence/Naval6.6661,500 Leisure Marine1.6126,378 Other2.8230,460 Telecommunications0.50 Research & Development0.618,040 New Technologies0.23 Education & Training0.141,100 Ocean Survey0.10 Safety & Salvage0.324,200 Minerals & Aggregates2,000 Fisheries0.9215,120 TOTAL36.84254,738

6. 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

7. 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)

8. 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.

9. 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.

10. Direct Economic Impact of Shipping 0 2 4 6 8 10 12 199920002001200220032004200520062007 Value added Turnover £ million Shipping industry's annual turnover and contribution to GDP

11. Direct Economic Impact of Shipping 0 20,000 40,000 60,000 80,000 100,000 2004200520062007 Non-UK Ratings Non-UK Officers UK Ratings UK Officers Onshore Number of people Employment in the UK shipping industry

12. Total Economic Impact of Shipping.... Direct + indirect 96,000 + induced + catalytic Employment GDP (mn) £4,670 £3,520 £1,640 £plus 79,000 plus 37,000

13. Direct Economic Impact of Ports

15. Total Economic Impact of Ports.... Direct + indirect 132,000 + induced + catalytic Employment GDP (mn) £7,660 £6,680 £3,580 £plus 150,000 plus 80,000

16. Combined Impact – Adjust for Double Counting 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 Individual Industries Employment impact of both ports and shipping industries Shipping Ports Combined

17. 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.

18. 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.........................

19. UK Maritime Economy - 2007 2001 Estimate2007 Estimate Sector TurnoverEmploymentTurnoverEmployment (£bn) Oil & Gas9.2025,5004.550 Shipping5.1231,5009.814 38,400 Manufacturing5.2040,6003.865 51,000 Shipbuilding2.5424,0001.950 25,000 Marine Equipment2.6616,6001.915 46,000 Maritime Services4.5413,8003.006 14,100 Ports1.6925,00019.402 138,000 Defence/Naval6.6661,5008.185 74,760 Leisure Marine1.6126,3782.952 35,680 Renewable Energy0.671 600 Construction0.587 6,200 Decommissioning Platforms/Rigs0.080 1,200 Other2.8230,4602.445 30,833 Telecommunications0.50 Research & Development0.618,0400.797 10,360 New Technologies0.23 Education & Training0.141,1000.073 350 Ocean Survey0.100.104 Navigation and Safety0.324,2000.450 5,000 Aggregates2,000 1,670 Fisheries0.9215,1201.021 13,453 TOTAL36.84254,73855.56390,773