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Danish shipowners: Decline in currency earnings and tonnage in 2013

The Danish Shipowners' Association expects a decline in foreign currency earnings and a decline in tonnage in 2013. The developments should be seen as a sign of adapting, which will be healthy in the long term, says vice president Jan Fritz Hansen in an editorial on ShippingWatch.

BY OLE ANDERSEN

Even though Danish shipping has never controlled more tonnage than it does today, the crisis of the last five years in shipping has not gone unnoticed. According to preliminary estimates from the Danish Shipowners' Association, it looks like Danish shipping will have to forfeit the 4th place on the list of the world's biggest maritime nations to Germany in 2013, measured by the size of the controlled fleet.

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