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OverviewThis National Audit Office (NAO) report, 'The Maritime and Coastguard Agency's Response to Growth in the UK Merchant Fleet (HC 131)', focuses on how the Maritime and Coastguard Agency has responded to growth in the UK registered merchant shipping fleet. The Agency is responsible for maintaining the safety, security, and environmental standards of commercial vessels flying the UK flag. In 2000, the Government introduced tonnage tax as part of package of measures designed to reverse the long-term decline in the UK registered merchant shipping fleet. Tonnage tax allows a company operating a vessel controlled from the UK to opt to pay tax on the basis of its tonnage rather than the profit on the vessel's trading activities. The number of merchant vessels joining the UK Ship Register has increased from 1,050 vessels in 2000 to 1,518 by the end of 2007. The Agency responded with measures such as delegating to classification societies more of the survey work on vessel structure and equipment: it retains the survey work related to safety management systems and all the inspection work. Since 2000, it has met or exceeded most of its targets for this work with fewer marine surveyors than during the 1990s. In 2007-08, for the first time, the Agency missed some of its targets for inspections of UK vessels. The risk is that vessels not complying with UK and international regulations will operate without detection. The Agency faces challenges as its capacity to meet ship inspection targets is stretched; international competition for skilled mariners intensifies; and competing flags improve their performance, eroding the UK's quality advantage. The report concludes that, despite these challenges, the Agency's achievement in supporting the growth of the merchant fleet without significant extra resources has been an efficient use of taxpayer's money. Full Product DetailsAuthor: Great Britain: National Audit OfficePublisher: TSO Imprint: TSO Volume: 2008-09 131 ISBN: 9780102954586ISBN 10: 0102954585 Pages: 39 Publication Date: 11 February 2009 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: In Print ![]() This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |