50% Micro
34% Small
9% Mid
4% Large
2% Mega
INSIGHTS - APRIL 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
3,404
Annual Sales
£29bn +
Employees
53,019
Economic Contribution
£7bn
Tags
Location of Shipping Companies
Shipping Companies by Size
Largest Shipping Companies
Turnover
Cnooc U.k. Marketing Ltd
£4.5bn
Sk Energy Europe Limited
£3.2bn
Rcl Cruises Ltd
£1.7bn
Methane Services Limited
£1.2bn
Torm Plc
£1.2bn
Shipping Companies by Age
28% Mature
26% Established
25% Young
21% Startup
0% New
Oldest Shipping Companies
Established
Fastest Growing Shipping Companies
30% Declining
24% Rapid
19% High
18% Healthy
9% Low
Fastest Growing Shipping Companies
3yr CAGR
Shipping Industry Competitive Environment - New Entrants vs Leavers
Shipping Industry Valuation
EBITDA Multiple
Shipping Industry Valuation
Turnover Multiple
Shipping Industry Valuation
Net Asset Multiple
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 3,404 active Businesses in the UK with combined annual sales of £29 billion .
The Industry employs around 53,019 people and contributes £7 billion to the economy.
The most popular location for Shipping companies is London with 1,247 and the fewest are located in Northern Ireland with 50.
The largest Shipping company is Cnooc U.k. Marketing Ltd with a turnover of £4.5bn. 50% of the industry is comprised of Micro companies with only 9% Mid companies.
21% of the Shipping Industry is made up of 21% Startup but the majority are Mature businesses (28%) 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 Seaway 7 Uk Limited with a 3 year growth rate of 641%. Other fast growing companies include Union Carriers Limited (137%), Csl Europe Limited (135%) and Pioneer Shipping Limited (113%).
The UK Shipping Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 9.59x, Turnover multiple of 1.84x and a Net Asset multiple of 1.91x.
