Shipowners: More foreign ships should be operated from Denmark

The Danish Shipowners' Association is working to secure the EU Commission's approval of a proposal to bring more foreign-owned but Danish operated ships under the Danish tonnage tax.

BY OLE ANDERSEN

Published: 07.05.13 at 11:54

The Danish Shipowners' Association is working to secure the EU Commissions approval of a proposal to bring more foreign-owned but Danish operated ships under the Danish tonnage tax. The proposal is part of the maritime growth initiative and the goal is to increase the size of the fleet operated by Danish shipowners and operators.

The current rules require that 25 percent of the ships must have Danish ownership, while 75 percent of the ships can be foreign owned, in order to sail under the tonnage tax scheme, the so-called 1:4 rule. The shipowners want to expand this to the scale of 1:10.

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