Publication |
2014.
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Summary/Abstract |
While the UK's mercantile fleet is but an echo of its former glory with some 300 vessels over 500grt directly under the red ensign, the country continues to control substantial mercantile fleets. UK shipping has risen substantially to contribute £12.9 billion annually while services such as insurance, ship brokering and legal work provide some £3.8 billion, indeed directly and indirectly shipping provided the UK economy with some £56 billion) annual turnover.
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