British shipping fears EU exit Thursday

London's reputation as a global hub for ship-financing as well as brokerage and insurance business is at risk if the British people vote the country out of the European Union, warn British shipping leaders according to the Wall Street Journal.
Photo: LEFTERIS PITARAKIS/AP/POLFOTO/Arkiv
Photo: LEFTERIS PITARAKIS/AP/POLFOTO/Arkiv
BY OLE ANDERSEN

The British shipping industry has certain concerns heading towards the public vote on Thursday. The vote will decide whether or not the UK will remain part of the EU or leave the European Union. If a majority of the population votes for a British exit, shipping leaders, according to the Wall Street Journal, fear that London will lose its status as a global hub for ship-financing and broker as well as insurance business.

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