Brexit

A landmark referendum over the United Kingdom’s membership of the European Union has ended in victory for those in favour of leaving the EU.

For many in shipping, Brexit was unexpected. The Fairplay team is tracking the implications of this milestone decision for the maritime industry within the UK and further afield.

 

 

News & Analysis

Brexit flags
27 Aug 2018
UK Chamber of Shipping CEO Bob Sanguinetti considers the information provided by the government so far to be “thin” and says he “would like to think that further notices [which are scheduled to be released in September] will contain considerably more detail so that the UK shipping industry can plan”.
 James Cooper, ABP CEO and Chairman of the UK Major Ports Group
06 Jul 2016
Ports operator ready to support Britain’s transition and capitalise on the opportunities Brexit presents
Brexit contingencies already being implemented says Lloyd's CEO Inga Beale
30 Jun 2016
The London insurance market has urged the UK government to begin negotiations to exit the European Union immediately amid uncertainty over the question of whether they will retain their passporting rights.
28 Jun 2016
Executives and analysts are painting a generally positive post-Brexit picture for crude and product tanker owners, but are warning of negative implications for the dry bulk and container ship sectors.
Traders and a screen showing the front page of British newspaper Daily Mail
24 Jun 2016
Shares in shipping companies listed in Europe closed sharply lower but near the day’s highs following a plunge after the news that leave had won the British referendum
24 Jun 2016
UK Chamber of Shipping leads the calls for calm as maritime interests across the country face up to the impact of the Brexit referendum result

Commentary

This is not the first time UK has been tested and survived significant geopolitical change. Far from damaging the UK’s maritime strengths, Brexit can provide the launchpad for a new phase in our international business relationship

More Commentary