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Saturday, October 20, 2018

Danish Fleet Surpasses 20 million GT

Maritime Activity Reports, Inc.

May 7, 2018

© Gestur / Adobe Stock

© Gestur / Adobe Stock

The total gross tonnage of the Danish ship registry recently surpassed 20 million GT for the first time in history.

Denmark, which has been steadily climbing the ranks as a shipping nation, is currently the world's 12th largest register.

The fleet under Danish flag continues to grow as the country’s government maintains efforts to ensure conditions are attractive for the maritime industry, the Danish Maritime Authority (DMA) noted, citing as an example the recent removal of registration fees for ships in Danish registries, which the Danish Parliament adopted earlier this year.

(Source: DMA)

“The results we are seeing are proof that Denmark is an attractive flag state,” said Brian Mikkelsen, Minister for Industry, Business and Financial Affairs. “We will continue efforts to ensure even better conditions as a strong Danish flag benefits the whole of Denmark. Plus, this is a good example of Denmark gaining from free trade – because global trade increases economic activity among shipping companies, and this becomes very fruitful when we are also having more of those companies choosing Denmark as center of gravity for this increased activity."

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