EuropeShipyards

Boris Johnson sets aside £4bn to propel British shipbuilding

Boris Johnson, the British prime minister, will visit a Merseyside dockyard today as he announces a £4bn ($5.3bn) injection into the UK’s regional shipbuilding industry, the latest in a series of shipyard initiatives undertaken in his near three-year reign.

The funding comes as the Ministry of Defence prepares to publish its refreshed National Shipbuilding Strategy today.

The UK’s shipbuilding industry currently supports 42,600 jobs across the UK, and contributes more than £2.8bn to the economy.

Johnson said: “Shipbuilding has been in our blood for centuries and I want to ensure it remains at the heart of British industry of generations to come.”

A new UK Shipbuilding Skills Taskforce, led by the Department for Education, is being created.

Meanwhile, as part of the strategy, the Department for Transport will invest £206m in the UK Shipping Office for Reducing Emissions (UK-SHORE) to match fund research and development in zero emission vessels and infrastructure.

A new Maritime Capability Campaign Office (MCCO) within the Department for International Trade will also be established.

Defence secretary Ben Wallace has also been christened shipbuilding tsar in a government release today. Wallace commented: “With significant government investment, we will be levelling-up across our shipbuilding, workforce, from shipyard to supplier, from procurement to designer, creating tens of thousands of new employment opportunities, boosting living standards and pay.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Comments

  1. The signal to noise ratio in that communication was remarkable even for Mr Johnson and for the UK MOD.

    A beer for anyone who can pick out a fact from this statement by the Minister of Defence:

    Defence secretary Ben Wallace has also been christened shipbuilding tsar in a government release today. Wallace commented: “With significant government investment, we will be levelling-up across our shipbuilding, workforce, from shipyard to supplier, from procurement to designer, creating tens of thousands of new employment opportunities, boosting living standards and pay.”

    1. Facts? No chance.
      They want to waste a lot of money building another aircraft carrier to protect the UK from being invaded by some mythical entity.

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