The milestone comes just a year and a half after Denmark surpassed Germany on the sixth spot.
Measured by the number of merchant ships sailing under a country’s flag, the list is spearheaded by Greece, whose fleet measures 300.4 million in total deadweight tonnage. Greece is followed by Singapore, China and Japan in the top four spots.
With 83.8 million of total deadweight tonnage, Danish shipping companies exported DKK 188 billion (USD 28.4 billion) last year, making shipping one of the country’s largest export industries. Reaching fifth place on the list shows that the Danish shipping strategy has worked, according to Anne H. Steffensen, the CEO of Danish Shipowners’ Association.
