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Rostock / Berlin (dpa) - In view of its employment effects and macroeconomic effects, the German government believes that the maritime economy must find its way back to its old strength.

In 2018, the maritime industry secured a total of 449,800 jobs, as the Ministry of Economic Affairs announced on Monday at the National Maritime Conference in Rostock, citing a study.

"100 jobs in the maritime industry secure a further 130 jobs in Germany."

The overall economic effects amounted to a turnover of 86.3 billion euros in 2018, which resulted in added value of 29.8 billion euros, according to the study.

The positive impulses “can only be realized in the future if the competitiveness and efficiency of the maritime industry in Germany is still guaranteed,” said the Federal Government's coordinator for the maritime industry, Norbert Brackmann. "The results of the study make it clear what is at stake if the maritime industry does not return to its former strength." The analysis covered all sub-sectors such as shipbuilding, shipping, offshore wind energy, but also ports and fishing.

In 2018, according to the study, more than 190,700 employees were directly assigned to the maritime industry.

They reportedly generated a turnover of 47.5 billion euros, which was accompanied by gross value added of 11.7 billion euros.

The most employment-intensive areas are shipbuilding and the supplier industry, which account for almost half of the workforce and over a third of sales.

The sea and inland ports also played a decisive role in opening up sales markets and thus secured jobs in the export industry.

Shipping and ports also played an important role in the supply of consumer goods and energy.

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© dpa-infocom, dpa: 210510-99-538190 / 2

Communication BMWi

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