Please find below a reaction from the UK Chamber of Shipping to the Budget delivered by the Chancellor this afternoon.
A UK Chamber of Shipping spokesperson said:
“The shipping industry is vital to UK growth and prosperity, and announcements today on green hydrogen hubs and investment into customs areas at freeports are welcome. However, there are legitimate concerns across offshore energy sectors, which will need serious consideration.
“We now need to go further and use Government investment to unlock wider shipping industry finance for key projects. This includes delivering on training of the workforce of the future, leveraging the creation of Skills England, and delivering new maritime infrastructure. Such projects include shore power and the deployment of alternative fuels, which will need continued access to competitive R&D and commercial feasibility grants, alongside access to the National Wealth Fund. This investment will create new jobs and attract green shipping to the UK, benefiting not just maritime areas but communities and supply chains across the country.”
