The Norwegian Maritime Industry has been ruling one of the world’s biggest merchant fleets for a period of more than 150 years. This is quite unbelievable and unacceptable given that, the country has a population of fewer than 6 million people according to the 2016 statistics. And what’s more? The Norwegian Government aims to turn it into the world’s Maritime capital as well as the most environment-friendly solutions provider of this century. Now, how is that possible? Well, the following points will give you a brief idea regarding the influence of this particular industry on the economic growth of the nation besides delineating the reasons why it is recommendable to invest in this large-scale business.
Availability of Experienced Ship Brokers
You will find a plethora of ship broker companies in Norway that are always on their toes to give you the best deals for advanced vessels. Instead of searching for fine cruises and ferries for sale in the market, you can always contact a ship brokering agency and let them do all the research. You can rest assured they will keep a tab on lucrative deals in the market and provide you with the details so you can pick one according to your budget and preferences.
Fleet of Technologically Advanced Vessels
The 1970’s marked the beginning of the Norwegian Offshore Fleet. It started with the petroleum operations on the continental shelf even during adverse climatic conditions and poor working environment. However, hard work never goes in vain and today, the country possesses one of the largest and most technologically advanced offshore fleets in the world. In fact, the domestic market has laid the foundation for companies to take their business beyond the Norwegian continental shelf. Today, about half of the industry’s revenue comes from outside operations. This trend will sprout better results in future when the companies start exploring the challenges beyond the safe limits of the continental shelf.
The Maritime Industry influences economic growth to a great extent
Large-scale shipping companies, equipment manufacturers, shipbuilding yards, universities, Research and Development centres and regulatory bodies comprise the Maritime Industry of Norway. It accounted for 5.5% of the nation’s GDP in 2009 and it is also ranked second in the nation’s export industry, the oil and gas sector being the first ones. Therefore, it is needless to say that this particular industry is growing by leaps and bounds and this is just the right time to invest in this profitable business.
Beneficial to the environment
The sea is one of the most environment-friendly modes of transport and Norway leads in this particular sector. About 90% of world trade is conducted via sea transport and it accounts for a little more than 2% of greenhouse gas emissions. A single ship has can replace about a hundred trucks thus reducing traffic congestion, accidents and greenhouse gas emissions to large degrees. Therefore the Norwegian Government is betting on the Maritime industry to take this small nation at the top of global charts with respect to environment-friendliness.
Smart Ships with all Modern Amenities
It is needless to say here that the Norwegian fleet is one of the most advanced in the whole world. The shipping companies are engaged in several seagoing activities like the transportation of chemicals, gas, petroleum products, rolling stock, vehicles and so on. You will come across advertisements of ROPAX and RORO vessels for sale every now and then. And, those ships are quite advanced in terms of technology. For example, they are leading in the aspect of gas-powered vessels and utilization of alternative energies on board.
If you are a possible investor in this industry, it is advisable not to waste more time in indecisiveness. Contact a reliable as well as experienced ship brokering company and start investing in water transport. Let your ship raise a storm in the Norwegian or international waters.
