New research presented today sets out the key characteristics of the "strong ports" that the UK needs to thrive post-Brexit
Global trade, and the maritime sector that enables so many of its flows, faces uncertain and challenging times. Nowhere more so than the UK, with Brexit - in whatever form it takes - dominating the agenda. But ports are long horizon businesses and must steer through the immediate storms.
What these trends mean and how strong ports can be delivered will be discussed at a breakfast roundtable being held today, Tuesday 10th September, during London International Shipping Week, by the UK Major Ports Group for port CEOs, the UK’s Maritime Minister (Nusrat Ghani, MP), Chinese Government representatives, major infrastructure investors, global traders and academics.
Research from maritime industry research experts Drewry being presented at the breakfast roundtable has identified a small number of key factors that will make a port resilient and robust through all weathers. In summary, these are:
Port owners and operators relish the responsibility to deliver a number of these factors themselves, says UKMPG’s CEO Tim Morris, a member of the government’s Freeports Advisory Panel, but many can only be fully delivered through partnership with others - customers, supply chain partners and, crucially, governments at all levels.
"Brexit and uncertain times make Strong Ports more vital than ever for the UK," said Morris. "The research being shared at UKMPG’s London International Shipping Week roundtable highlights the five key characteristic of Strong Ports for long term success."