The maritime sector plays a vital role in the UK economy and continues to provide vital freight and key worker services throughout the pandemic. However, as with many parts of the economy, it has faced significant disruption and challenges. That is why the Chancellor announced a £330bn package of financial support to support businesses and employees during these unprecedented times. In addition, the Department provided bespoke financial support to ensure that critical lifeline and freight services continued to operate through the most challenging period.
My Department is now working closely across the maritime sector on their restart plans identifying the support that is needed to enable the safe resumption and continued increase of services and operations. We are also working with the sector on a longer-term Maritime Recovery Plan which will build on the Maritime 2050 launched by the Government last year. The Recovery Plan will draw on the plans the industry has already provided and consider both fiscal and non-fiscal opportunities.