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”.
In or out? The London market could well suffer if a brexit becomes a reality, says Glaser. Credit: PA /Niall Carson
26 Mar 2016
The president and chief executive of insurance broker Marsh & McLennan has said he fears London’s position as the global leader for marine insurance will come under threat should the United Kingdom leave the European Union.
Lloyd’s Chief Risk Officer, Sean McGovern. Credit: Lloyds
11 Feb 2016
Lloyd’s Chief Risk Officer has said that while the market is fully behind the UK’s continued member of the European Union, contingency plans were already being drawn up if the country votes to leave.

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