News ID: 76152 |
Publish Date: 11:41 - 07 September 2017

Denmark to Abolish Ship Registration Fees

The Danish government plans to abolish the registration fee for merchant ships as part of the government's new measures to boost the growth of the Danish economy.

Denmark to Abolish Ship Registration Fees
The government also plans to abolish the special fee on second-hand ships, which are registered in the Danish International Ship Register, MANA correspondent reported.
Shipowner organization Danish Shipping says these measures will remove serious obstacles to the growth of vessels flying the Danish flag.
As of April 1, 2017, there were 683 merchant vessels flying the Danish flag. Container vessels make up more than 10 million of the gross tonne registered in Denmark. Tankers and offshore vessels make up the two largest groups, but the tonnage is limited due to the lesser dimensions in offshore and the specialization in product tank by Danish companies. Dry bulk continues to fade in the Danish registers as operational expenses are higher than in other countries.
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