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No longer a top shipping nation

Norway is no longer the world’s third largest shipping nation. As the only nation of the world’s ten largest shipping nations, Norway has a smaller fleet in the first-half year.

Norway has during the first six months of the year fallen from third to fifth place, surpassed by Germany and China in the ranking of the world’s largest shipping nations, according to new members from Institute of Shipping Economics and Logistics (ISL) in Bremen, reported the Norwegian daily Aftenposten.

The largest shipping nation is still Greece, followed Japan.

Marianne Lie, CEO of the Norwegian Shipowners’ Association, said she is worried about the development. She said she thinks insecurity regarding the shipping industry’s framework conditions and great instability have provided unfortunate results.

The numbers indicate that the Norwegian fleet has during a six month period been reduced with 13.8 percent measured in tonnage.

«It’s important to issue a warning. When several of the corner stones in the industry disappear, it becomes difficult,» said Lie to the paper. «When we get as good framework conditions as the competitors, we have proven that we can grow as strong because of the hard-knit maritime group. Under similar conditions we take our part and more.»

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