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The maritime industry is more productive

The maritime industry is more productive

01-11-2016 08:00:00


The maritime equipment industries and the shipyards have in recent years achieved productivity gains that are above the level of the Danish economy and the Blue Denmark as a whole. This is shown in a new report from the Danish Maritime Authority, prepared by the Labour Movement.

"The Blue Denmark is one of the main industries in Denmark, and the report underlines the importance that we strengthen efforts to ensure good conditions for the maritime industry, so we can ensure competitiveness in the future. That is partly why we have used the blue growth team. The report's findings will be included in the growth team discussions, and I look forward to receiving their recommendations," says Troels Lund Poulsen, business and growth minister.

The report points to an unchanged direct and indirect employment for the Blue Denmark at approximately 60,000 and 100,000 and an unchanged importance to the Danish economy. The Blue Denmark constitutes of almost 10, and 6 percent in output and value of the overall Danish economy, and the Blue Denmark's exports constitute almost 24 percent of total Danish exports.

The report shows that the marine equipment industry and the shipyards have had a productivity growth in the period 2002-2012, which is above the level of the Blue Denmark and the Danish economy as a whole. This is because the two industries have managed to achieve increased value-growth with fewer employees.

The reason that there is an overall unchanged employment for the Blue Denmark should be seen in light of the oil and gas industry dragging productivity down. In turn shipping adds a little in the overall equation.

Source: Erhvervs- og vækstministeriet / Maritime Denmark


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