Surprise finding: Ferries still matter
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IT MAY come as surprise to many that, in 2019, ferries worldwide carried as many passengers as the airlines - but it was also a surprise to the ferry industry's own trade association, Interferry.
The association's executive has just seen the results of a study it commissioned UK-based consultancy Oxford Economics to undertake, on the economic impact of the industry.
It quantified three core channels through which the ferry industry drives economic activity and employment - direct support generated by the industry, indirect support generated within its supply chain, and induced support from ferry and supply-side personnel spending their pay on goods and services.
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