Gross tonnage in Danish ship registers recently went above 20 million GT for the first time ever, indicating that the Danish flag is becoming more and more attractive, according to recently-published figures by the Danish Maritime Authority (DMA).
Minister for Industry, Business and Financial Affairs, Brian Mikkelsen, stated:
The results we are seeing are proof that Denmark is an attractive Flag state. 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.
As noted by DMA, the Danish governments’ efforts to ensure attractive framework conditions for the shipping industry “is currently yielding a very positive effect”. A recent example of this effort was the removal of the registration fee for ships in Danish registries, which the Danish Parliament adopted earlier this year.
As competition between the world’s shipping nations is becoming harder, Denmark has so far sealed its position as the world’s 12th largest register.
