Shipping in Denmark outsourcing or in sourcing

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Shipping in Denmark -outsourcing or in
sourcing?
Torben JanholtPresident CEO, J
LauritzenChairman, Danish Shipowners
Association
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Shipping is the backbone of the global economy
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Danish Shipping

• Around 100 shipping companies
• Active in all main shipping markets - leading in
  e.g. container, bulk, product tank, and gas
  carriers.
• Annual turnover more than USD 35 billion
  aggregate growth 240 during last ten years
• Operated fleet exceeds 55 million TDW
• The core of the Danish maritime cluster which
  employs around 100,000 employees, hereof 30,000
  in the shipping companies

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Insourcing of tonnage a major contributing
factor to Danish growth
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Reasons for outsourcing from cost focus to
competence focus

• Cost savings
• Cost restructuring
• Knowledge
• Operational expertise
• Staffing issues

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Danish shipping a growing force in global
maritime transport

• 3 of world tonnage owned

5 of world shipbuilding contracts
7 of world tonnage controlled
10 of global maritime transports
Denmark 1 of global GDP
Denmark 0.4 of world population
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Massive newbuilding program will further expand
Danish shipping
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Shipping is the safest and environmentally most
benign form of commercial transport
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Thank youfor your attention!
Visit our website www.danishshipping.com