Not only has Denmark created very good conditions for doing shipping business, alternate Danish governments have created conditions that are in many ways better than those in countries which Denmark wishes to compare itself to. This is the belief held by one of the largest Danish shipping companies, Clipper.
“We have created the right conditions regarding The Danish International Ship Register and the tonnage tax. The tonnage tax is even better in Denmark than in many other places where there are more limits on the utilization than in Denmark. Add to this the fact that the cost level, that is to say factors like pay and rent, is relatively competitive. For instance, it is very expensive to live in London compared to Copenhagen,” says Kristian Mørch to ShippingWatch.