British Marine celebrates 7th year of consecutive growth in British boating sector
British Marine, the trade association leading the UK leisure, superyacht and small commercial marine industry — and the latest industry organisation to join the LISW19 Steering Group — is celebrating a seventh consecutive year of growth for the UK’s marine sector with industry revenue growing to £3.17 billion in 2018. According to its latest survey, Britain’s exports have also surpassed £1 billion for the first time in five years. This has been attributed to the strong global economic growth over the last year and a weakened sterling as a consequence of Brexit, making British products stand out as being price competitive compared to their international rivals.
British Marine is the trade association leading the UK leisure, superyacht and small commercial marine industry. It has over 1,500 members drawn from both seagoing and inland sectors and represents an industry employing more than 33,000 people in the UK. www.britishmarine.co.uk..
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