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DANISH MERCHANT FLEET reaches new milestone.

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The number of ships sailing under the Danish flag has reached a new high, according toe new data Danish Shipowners' Association released this week.

The Danish merchant fleet has reached a new milestone. In the most recent fleet count on July 1, 2014 the fleet sailing under the Danish flag accounted for more than 15 million tonnes dead weight (DWT). Gross tonnage (GT) rose to approx. 13.2 million, which is also a new high. The fleet flying the Danish flag now totals 637 ships.

"It is particularly positive that Danish shipping companies can still expand the merchant fleet despite continuing difficult market conditions in more or less all sectors," said Jacob K. Clasen, Director at the Danish Shipowners' Association.

"Another reason for the figures is that new shipping companies have come to Denmark, which emphasizes Denmark's importance as a shipping nation," he said.

The growth in tonnage has mainly been in liner traffic and specialized traffic, while tanker traffic appears to have stabilized at around 3 million GT.

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Publication:Pakistan & Gulf Economist
Date:Jul 13, 2014
Words:170
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