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The United Kingdom’s exit from the European Union pushed the country and the union into unknown territory, as in March 2017 the UK was the first country to ever invoke Article 50, the means by which a nation begins the process of leaving the bloc.
For the maritime industry Brexit raises questions over the new relationship between the UK and EU, how goods and passengers will be handled at the new border, the future status of employees currently in the UK, the effect on future recruitment into the UK and the ability of insurance and financial institutions to carry out their business in Europe to name but a few.
The UK government is pledging to negotiate new trade deals to ensure its economic welfare outside of the bloc, but the shape of such deals is unkown.
As one of the great maritime cities of the world, London’s future will be affected by Brexit, but quite how is unclear.
For now, all the industry can do is lobby and educate government to get its voice heard in the years of negotiating to come.
Latest From Brexit
Westminster says its ‘temporary tariff regime’ in the event of a no-deal Brexit is designed to minimise costs to business and consumers while protecting vulnerable industries
The shipbroker maintained profits in 2018 but warns that fluctuating external circumstances will persist this year
Companies are looking at ways to reduce the number of times that goods are actually being transferred between the UK and Europe, says Dutch shipper body
The world’s largest carrier has urged customers to be prepared for a Brexit on World Trade Organisation terms
The regional prefect for Calais is advising hauliers heading to the UK to postpone their journey and reroute via neighbouring Belgium, according to local reports
UK government says Eurotunnel has withdrawn its legal claim and will provide freight capacity for transit of medical supplies in the absence of a Brexit deal
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