Guess Who is the Fastest Growing National Ship Register in the World!

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Recent changes to the law introduced by the Danish government increased the amount of merchant shipping registered under the national flag by almost 25 percent in the passt 12 months, reports CPH Post.

Also, these figures have not been seen since the 1990s.

Relaxing from regulations

At the beginning of this year, Parliament removed a registration tax that was seen as a hindrance to the competitiveness of the Danish flag.

“This development is especially due to the visionary policy in Denmark of removing the registration tax on second-hand ships,” added Steffensen.

“It shows that our policies are working and that relaxing regulatory burdens, digitalisation, and generally strengthening the framework and service level for this area have had a definite effect on growth,” said the business minister, Brian Mikkelsen.

More ships on the way

A further 11 ships are heading for the Danish registry and nine of these are new and come from Torm. Additionally, 18 out of 25 shipowners asked by Danske Rederier have indicated that they intend to transfer more ships to the Danish flag over the next three years.

The Danish ship register now has 20 million gross registered tonnes on its books distributed over 700 vessels.

Denmark is now the world’s 12th-largest flag state and number four in Europe.

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Source: The Copenhagen Post

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