Danish Flag Hits Milestone with Over 20 Mn GT

Image Courtesy: Pixabay

The Danish flag has recently passed a milestone as the gross tonnage in Danish ship registers went above 20 million GT for the first time ever.

The Danish government’s efforts to ensure attractive framework conditions for the maritime industry are currently yielding a very positive effect as the Danish flag continues to grow.

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.

“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,” Brian Mikkelsen, Minister for Industry, Business and Financial Affairs, said.

“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,” Mikkelsen added.

Denmark is moving steadily up the ranks, and is currently the world’s 12th largest register.

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Posted on May 7, 2018 with tags .

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