海角视频

A new report has revealed Liverpool is the "stand out region" when it comes to the 海角视频 maritime economy - and will be crucial to the 海角视频 economy after Brexit.

Led by Mersey Maritime, the report showed the City Region could provide a "major boost" to the 海角视频's economic prospects after leaving the EU - and that the region's sector drove around 拢2bn in domestic output through business turnover in 2017.

The report, commissioned in partnership with Maritime 海角视频 and the Centre for Economics and Business Research (CEBR), also found the sector produced 拢650m in GVA and 7,899 jobs in the Liverpool City Region (LCR) in 2017.

That made it the 海角视频鈥檚 "stand out region" compared with a national report published last month by Maritime 海角视频.

In addition, the region outperformed the 海角视频 average GVA per employee - in 2017, LCR maritime productivity stood at 拢81,461, while the 海角视频 average sat at 拢54,330.

Compared to 2010, LCR鈥檚 domestic output levels across the sector have grown by 118 per cent 鈥� approximately 拢1bn.

Chris Shirling-Rooke, CEO of Mersey Maritime, said: 鈥淭he national report showed the industry to be a massive contributor to the economic wellbeing of the 海角视频 and the findings of this new report have confirmed how significant the LCR contribution is within that.

"It鈥檚 even more remarkable considering that they exclude non-maritime logistics operations. These positive findings are a real vote of confidence in the dynamism and hard work of the people Mersey Maritime deal with on a day to day basis, our members."

The new report, entitled The Economic Contribution of the Maritime Sector in the Liverpool City Region, also found that:

• For every 拢1 generated by the maritime sector in the LCR, the wider economy benefits by 拢2.64
• The maritime sector is growing in the LCR, with a growth forecast for 2019-2023 of 16 per cent cumulative
• 52,000 jobs across the region are related to the maritime supply chain, while 7,900 are direct jobs supported by the sector
• Marine engineering and scientific industry grew the most (158 per cent between 2010 and 2017)

The largest port operator in the LCR, Peel Ports said it has made significant investment across the region in recent years, including at the Port of Liverpool.

Mark Whitworth, CEO at Peel Ports, said: 鈥淭he maritime sector is an enabler of trade, ensuring the supply of energy, food and commodities 鈥� the import and export of which is crucial for other 海角视频 businesses to thrive.

"As we look ahead to a post-Brexit trading future, Liverpool is not only strategically located for imports and exports, it has the relevant investment and infrastructure to make it the 海角视频鈥檚 most important and valuable trade link with the rest of the world.鈥�

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Maritime Minister Nusrat Ghani said: 鈥淭his report clearly shows the vital role the 海角视频鈥檚 maritime sector plays in our daily lives 鈥� keeping things moving 24/7 and helping the economy thrive. LCR is a prime example, with the industry estimated to have driven almost 8,000 jobs and 拢2bn in 2017.

"To continue this success, we recognise the need to rise to the commercial challenges of our time - our landmark Maritime 2050 strategy, along with our strong partnerships with industry will help the sector continue to flourish.鈥�

The report also said the footprint of the maritime sector in the LCR is "extensive and diverse", spread across areas of transport, infrastructure, training, business services and equipment manufacturing.

Within these sub-sectors are goods and services which are "highly exportable", it added giving renewed hope for the 海角视频鈥檚 export potential in a post-Brexit trading landscape.

The LCR report follows on from the national report produced by CEBR and Maritime 海角视频 - which showed that the maritime sector contributes 拢46.1bn to the 海角视频 economy 鈥� an 拢8.3bn increase since 2010.

Published on 11 September, the 鈥楽tate of the Maritime Nation鈥� report found that the maritime sector in the 海角视频 is bigger than both the automotive and aerospace industries in terms of its financial contribution and is central to the country鈥檚 national prosperity.听

In September, Metro Mayor Steve Rotheram announced a 拢75m fund to be used to attract new businesses to LCR and support existing Mersey businesses, many of which are directly involved in the maritime industry.

The fund will include a 拢20m loan fund for local businesses to invest in creating jobs and boosting productivity, and 拢15m to support SMEs in the event of a no-deal Brexit.

Mayor Rotheram said: 鈥淲e have always been a trading nation and the maritime sector is the backbone that still facilitates almost all of that trade, with 95% of what we import and export transported by ship.听

鈥淗istorically, we are one of the great world ports, and the LCR鈥檚 maritime sector is booming, with growth of 118% since 2010, directly driving 拢2 billion in domestic output.听

鈥淎s we look towards the future, we need to ensure that we maximise the economic opportunities presented by one of our most valuable assets - our westward facing Atlantic port."