The maritime industry contributes around 11 billion pounds a year to UK economy. It is the heart of their economy that is continuous, over the years, driving growth and innovation. Millions of people are employed in this industry. There are so many things that are a part of this cluster, such as, the ship owners, ship managers, law and accountancy firms, finance firms, consultancies and training providers. They have highly skilled workforce because of the adoptable to economic policy, stable democracy and a good rule of law. Therefore, there are so many good reasons to come to shipping UK or the maritime business in theUK.
The shipping industry is growing more and more, but, at the same time, it is challenging. It boasts the global trade; therefore, a very good opportunity is available for theUK to capture more trade to invest whether it is related to shipping or providing services.
How can the agencies help with import and export shipments?
Whichever buying terms the importer is considering, the agency must be contacted before placing the order. The agency can guide through the process, tracking your shipment and help in documentation to clear UK customs.
For exports, it is very important that the UK shipper contacts the agency as early as possible to talk through the processes and difficulties related to imports in certain countries. With experience and expertise, the agencies can help the customers in deciding their import and export terms and conditions. The aim is simple and straightforward, that is, to provide best personal services to all clients.
It is a UK based shipping agency handling all types of cargo import and export by land, air,and sea. The buying terms that are negotiated between the UK importer and the supplier is very important. The importer keeps most of the control over shipment where they choose the services to be used for shipping. The agency can help them make vital decisions based on many years’ experience.
FOB(Free on Board):
This needs you to be qualifiedfor a place. For example FOB Shanghai that means that the supplier would pay charges up to the loading into the container or onto a vessel in Shanghai.
CFR or CIF:
This stands for Cost and Freight or Cost and Insurance Freight. This option sounds quite tempting,but the advice is opposite to it. The supplier will include the cost of getting the goods to theUK in their invoice. These costs may not always be competitive. The supplier, therefore, chooses the carrier and agent so you would not have said regarding the quality of service.
The government leadership and the maritime services commission of UK, this is for the first time in almost 20 years, that a major review has been done about how thegovernment is disorganized in this sector and how abusiness promotes it.
Therefore, now theUK has an opportunity to see where they can be more competitive country and contribute more to the economy. It is, therefore, very important to get that right. It has been estimated that the UK sea trade will almost double by 2030 and the UK maritime and themarine sector is ready to take the opportunity that it will create.