A seafarers training support scheme has contributed more than £500m to the UK economy. A funding programme managed by the UK Maritime and Coastguard Agency (MCA) to support men and women train for a career at sea is creating economic value worth nearly five times its outlay, an independent report has found.
The latest eight-year review of the Support for Maritime Training (SMarT) scheme, published on April 13, has calculated that from 2016-24 it contributed more than £500m to the UK economy from a cost of £117m to the public and £10m