INSIGHTS - OCTOBER 2024

UK Shipping Industry

UK Shipping Industry Information

The water transportation industry includes the transport of passengers or freight by water using services such as cruises, ferries, pleasure boats, water taxis, freight ships, barges and rigs.

Active Businesses

3,495

Annual Sales

£31bn +

Employees

56,778

Economic Contribution 

£9bn

Tags

Location of Shipping Companies

Shipping Companies by Size

51% Micro

34% Small

10% Mid

4% Large

2% Mega

Fastest Growing Shipping Companies

31% Declining

24% Rapid

19% Healthy

18% High

8% Low

Shipping Industry Competitive Environment - New Entrants vs Leavers

Shipping Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Shipping Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Shipping Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Water transport Industry Insights

There are 3,495 active Businesses in the UK with combined annual sales of £31 billion .

The Industry employs around 56,778 people and contributes £9 billion to the economy.

The most popular location for Shipping companies is London with 1,316 and the fewest are located in Northern Ireland with 52.

The largest Shipping company is Cnooc U.k. Marketing Ltd with a turnover of £7.9bn. 51% of the industry is comprised of Micro companies with only 10% Mid companies.

21% of the Shipping Industry is made up of 21% Startup but the majority are Mature businesses (27%) the oldest company is British India Steam Navigation Company Limited founded in 1856.

Shipping industry has a number of high growth companies (18%), the fastest growing company is Van Oord Offshore Wind Uk Ltd. with a 3 year growth rate of 267%. Other fast growing companies include Csl Europe Limited (135%), Saga Cruises Limited (123%) and Solstad Offshore Uk Limited (120%).

The UK Shipping Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 7.12x, Turnover multiple of 1.80x and a Net Asset multiple of 1.79x.