In response to the COVID-19 pandemic, we have collated details of the latest government guidance for industry, best practice, and latest updates from Maritime UK members. Should you have a resource to support this section, please contact the secretariat.

Coronavirus Business Interruption Loan Scheme

At Budget 2020 on Wednesday 11 March, the Chancellor announced a ‘Coronavirus Business Interruption Loan Scheme’, and that it would become available ‘over the coming weeks’. This has been brought forward, and we now expect the new scheme to become available in week commencing 23 March 2020.

https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/

Covid Corporate Financing Facility (CCFF)

Information on eligibility and how to apply for Covid Corporate Financing Facility:

https://www.bankofengland.co.uk/markets/bank-of-england-market-operations-guide/information-for-applicants

Coronavirus Job Retention Scheme

The Chancellor announced on Friday 20 March the establishment of the Coronavirus Job Retention Scheme. Any employer in the UK – small or large, charitable or non-profit – will be eligible for the scheme. More can be read here.

HMRC are working urgently to set up a system for reimbursement. Existing systems are not set up to facilitate payments to employers.

If your business needs short term cash flow support, you may be eligible for a Coronavirus Business Interruption Loan.

Guidance for employees

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-guidance-for-employees

Guidance for employers and businesses

https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses

Guidance for staff in the transport sector

https://www.gov.uk/government/publications/covid-19-guidance-for-staff-in-the-transport-sector

Guidance on cruise ship travel

https://www.gov.uk/guidance/cruise-ship-travel

Shipping and sea ports guidance

https://www.gov.uk/government/publications/covid-19-shipping-and-sea-ports-guidance

Advice for the freight transport industry

https://www.gov.uk/government/publications/covid-19-guidance-on-freight-transport

CBI best practice for business

https://www.cbi.org.uk/articles/coronavirus-faqs/

Advice to small businesses

https://www.fsb.org.uk/resources-page/advice-to-small-businesses-and-fsb-members-about-the-novel-coronavirus-covid-19.html

Managing supply chain risk and disruption – Deloitte

https://www2.deloitte.com/global/en/pages/risk/articles/covid-19-managing-supply-chain-risk-and-disruption.html

Baltic Exchange

http://thebalticbriefing.com/member-news/baltic-response-to-covid-19/

British Ports Association

https://www.britishports.org.uk/news/coronavirus-funding-needed-to-keep-britain-safe-and-trade-flowing

British Marine

https://britishmarine.co.uk/Services/Representation-and-Promotion/Industry-Campaigns/Coronavirus

CLIA UK & Ireland

https://cruising.org/news-and-research/press-room/2020/march/clia-covid-19-toolkit

Maritime UK South West

https://cornwallmarine.net/news/cornwall-marine-network-coronavirus-and-keeping-in-contact

Mersey Maritime

https://merseymaritime.co.uk/news/mersey-maritime-statement-coronavirus-covid-19/

Nautilus International

https://www.nautilusint.org/en/news-insight/telegraph/nautilus-faqs-on-covid19-coronavirus/

Solent LEP

https://www.solentgrowthhub.co.uk/coronavirus/

UK Chamber of Shipping

https://www.ukchamberofshipping.com/coronavirus-covid-19-update/

https://www.ukchamberofshipping.com/latest/uk-chamber-shipping-calls-multi-million-pound-relief-fund/

Source: Maritime UK website