COPENHAGEN: Denmark’s maritime sector is on the rise. According to the figures from the Danish Shipowners Association, Danish newbuilding program counted 105 vessels on order, 4.7 million DWT. The size of Danish flagged merchant fleet was 629 vessels, a cumulative 14.7 million DWT in 2014.
Denmark’s maritime sector fosters engineering expertise within shipping and offshore industries, as well as maritime and technological services. The country’s shippers, offshore operators and equipment manufacturers ranked high among global leaders in terms of quality, competiveness and innovation. According to Danish Maritime, Denmark is home to approximately 1,000 maritime-related businesses, employing some 55,000 people.
Shipping is a leading industry in Denmark as comparing other by value; Denmark transports roughly 10% of the world’s trade and is among the largest operators in terms of total tonnage, earning Danish shipping companies approximately $21.6 billion per year. From small, family-owned businesses to huge international playmakers, the Danish shipping industry has seen considerable growth over the last 25 years, contributing a record-breaking $31 billion in 2013.
