It seems unnatural. Luxembourg has no coastline as the tiny European country finds itself squeezed in between France, Germany and Belgium. The country is primarily known for its beneficial corporate tax conditions, not for its blossoming shipping industry. Yet the country is attracting a growing number of service companies in - and suppliers to - the maritime sphere and for carriers.
The explanation behind this development lies in the country’s active efforts to create beneficial conditions for maritime businesses. The first P&I Clubs began to settle in Luxembourg in the 1970s, the country established a ship register in 1990, and since 2008 the organization Luxembourg Maritime Cluster has been working to attract players in the marine industries.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from ShippingWatch
United Heavy Lift sees full ships on booming oil, gas and wind
A shortage of modern MPP ships and an unexpected comeback for oil and gas means Hamburg-based United Heavy Lift is busy, Partner Andreas Rolner tells ShippingWatch. ”A year ago, we thought oil and gas was dead.”
Australian minister criticizes Svitzer in feud over labor agreements
Australia’s labor minister criticizes Maersk-owned Svitzer in relation to a labor agreement strife. The conflict resulted in work stoppage on Friday in a number of Australian ports.
Shipping in a safe position despite shaky world economy
Container carriers are facing a couple of difficult years, but otherwise the shipping industry looks set to do well despite dark clouds over the world economy, according to shipping analyst. ”Right now, most companies are making a lot of money.”
Waning European demand could significantly impact container market
Demand for container freight continues to decline in Europe, which could lead to significant overcapacity once current bottleneck issues are resolved, writes Sea-Intelligence.
UK’s biggest container port to be hit by eight days of strikes
Almost 2,000 dock workers at Britain’s biggest container ship port plan to strike for eight days this month after failing to reach a pay deal, threatening to sever one of the UK’s most important trade routes.
A lawyer (chief consultant) is wanted for People & Culture 
Operations Controller – Weco Tankers 
Head of Airfreight 
Senior Associate – Group Strategy Office 
Operations Manager for B-Gas A/S in Copenhagen 
Legal secretary for Shipping / Offshore / Transportation 
Adm. Director of Svendborg District Heating 
Logistics coordinator with responsibility for our shipping activities 
Assistant Fleet Superintendent