(nice colour choice for the logo?)
You might remember this from June 2017:
Scotland’ maritime sector, outproduced rUK by a factor of more than 3 times in 2015. A reported for Maritime UK, titled: ‘The economic contribution of the Maritime sector in Scotland’ was published in September 2017 (reference at foot).
The main conclusion is in my headline above. However, here’s some detail from the report:
- In this context, the Maritime sector has been defined as consisting of the Shipping, Ports, Marine and Maritime Business Services industries.
- It is estimated that the Maritime sector directly supported just under £9.3 billion in turnover, £3.6 billion in GVA and 39,300 jobs in Scotland in 2015. This respectively equates to approximately 23% of turnover, 25% of GVA and 21% of employment directly supported by the UK-wide Maritime sector in 2015. Scotland therefore accounted for approximately one-fifth of the UK Maritime sector by these measures of economic activity (and one-quarter in the case of GVA).
- With a large proportion of employment in the Marine Oil and Gas activities concentrated in Scotland, the Marine industry is the largest constituent industry within the Scottish Maritime sector in terms of economic activity, directly contributing £2.9 billion in GVA and directly supporting around 30,900 jobs in 2015. This compares to £440 million and £200 million in GVA directly contributed by the Shipping and Ports industries respectively in Scotland.
- Not only this, employees in the Scottish Maritime sector are found to be highly productive in the six years considered in this study. The average job is estimated to have contributed around £91,600 in GVA in 2015; this compares favourably to productivity in the UK Maritime sector of £77,900 and£48,971 across Scotland in general. There is thus a large proportion of high value jobs in the Scottish Maritime sector.
- By extension of its significant direct contributions to GVA and employment, the Maritime sector in Scotland also helps to raise a significant amount of tax revenue each year for the UK Exchequer. The Maritime sector contributed an estimated total of £1.1 billion in tax revenues in 2015, spread across VAT, Corporation Tax, Income Tax, National Insurance Contributions (NICs) and Business Rates, an increase from just under £850 million in 2010.
- After quantifying the aggregate economic impacts through the industry supply chains and induced effects on expenditures, it is estimated that the Maritime sector in Scotland helped to support a total of £7 billion of GVA in 2015, an increase from £6.5 billion in 2010. This implies that, for every £1 in GVA directly contributed by the Maritime sector in 2015, a total of £1.94 in GVA is generated across the wider Scottish and UK economies.
https://www.maritimeuk.org/documents/…/Cebr_Maritime_UK_Scotland_finalised.pdf
The Persians kept a large colony of Greek artisans, many thousands strong, who made the best jewellery and finest worked metals. They mutilated the Greeks so they couldn’t run away.
Scotland is England’s artisan colony. The difference is the Greeks didn’t mutilate themselves to stop themselves getting away.
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Nice analogy
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Hi John – Noticed this piece last Friday about the new ice-plant opened (By Fergus Ewing) at Scrabster Harbour. Who needs Cool Britania when you can be ice-cold at Scrabster (with a little help help from the SNP Scottish Govt and the EU Maritime and Fisheries Fund)?
SCOTLAND’S newest ice plant has been officially opened by Cabinet Secretary for the Rural Economy & Connectivity Fergus Ewing.
The Ice Plant at Scrabster Harbour, the UK’s fourth largest landing port for fish, will allow fishing boats to take on ice at any time of the day or night, protecting the quality of their catch.
The new facility will be able to produce 30 tonnes of ice per day and has storage capacity for 60 tonnes.
The £1m Ice Plant entered service last month and produces ice in plate form, which is better suited to modern fisheries.
The harbour required a new facility as the privately run ice plant closed in December.
Scrabster Harbour Trust invested in a new ice plant to provide facilities for fishing vessels while operating a temporary
ice supply arrangement in the interim.
A total of £685,000 funding was awarded to purchase and install the new ice plant.
Funding of £542,000 has come from European Maritime and Fisheries Fund via the Scottish Government and a further £143,000 from the Nuclear Decommissioning Association.
Thanks, Ludo
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