Lauritzen Kosan has reflagged two vessels to its native Denmark for the first time since 2003.
The 3,600-cbm Linda Kosan (built 2011) and the 8,000-cbm Helena Kosan (built 2007) will fly the Danish flag in a commercially driven move.
Lauritzen Kosan explains an EU registry is a requirement of new period contracts for the duo.
Mads P. Zacho, chief executive of Lauritzen, says: “The reflagging of these two gas carriers to Denmark is driven by commercial arguments, and it goes to show that the Danish flag is now very close to being as competitive as Malta, Singapore and the Isle of Man.
“There are still some challenges, but we very much appreciate the clear pro-business signals currently being sent by the Danish political system.”
He says a review of the Danish registry last year has clearly had an impact with new and significant measures helping to make it more competitive.
