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Shipping: Costs

Question for Department for Transport

UIN HL11057, tabled on 2 December 2020

To ask Her Majesty's Government what assessment they have made of any additional costs to shipping companies that will be incurred from the end of the transition period for the UK's departure from the EU.

Answered on

11 December 2020

The Government recognises the importance of shipping to global trade and to trade between the UK and EU. The Government continues to engage closely with the shipping sector on the range of changes brought by the end of the transition period. Some of these changes will depend not only on our future trading relations with the European Union but also with the rest of the world. Due to this and the fact that shipping often has complex ownership arrangements, we do not have a unified assessment of the additional costs to all shipping companies. We will continue working closely with the sector to assess and advise on these changes.