§ Mr. SayeedTo ask the Secretary of State for the Environment, Transport and the Regions if he will make a statement on investment in the United Kingdom maritime industry. [74490]
§ Ms Glenda JacksonInvestment in shipping and ports is a matter for private industry and their assessment of future demand, revenues and costs. The Government are concerned that investment should take place which enhances the competitiveness of the maritime industries, efficiently services UK industry and contributes to its aims of sustainable development. Recent publications such as the White Paper "The Future of Transport, British Shipping: Charting a New Course and Sustainable Distribution: A Strategy" set out the Government views on what they can do to improve the climate of investment in the maritime industries. Also relevant is the consultation paper "Review of Trust Ports and Ports Policy Paper: Draft Outline."
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Deliveries of new vessels to UK private sector shipowners Total cost, numbers and tonnage Year Cost (£ million) Number Gt. million tones 1987 295 11 0.244 1988 15 6 0.021 1989 209 24 0.201 1990 159 22 0.334 1991 368 30 0.296 1992 253 23 0.161 1993 378 24 0.356 1994 283 16 0.262 1995 472 13 0.326 1996 79 14 0.025
Investment in ports by port authorities1 £ million 1986 70 1987 65 1988 84 1989 114 1990 130 1991 115 1992 107 1993 123 1994 120 1995 165 1996 150 1The figures are for port authorities only and do not include investment by other companies operating in ports.