Denmark has kicked off the process of becoming one of the first in the world to have a digital register of shipping.
According to the Danish Maritime Authority (DMA), development of the register is already underway and is expected to be completed by the end of 2020.
The development comes on the back of new legislation that was adopted by the Danish Parliament earlier this year. DMA previously carried out a pilot project to determine the benefits and possibilities of ship registration digitalization.
The digital register of shipping is poised to lower costs for business communities and provide easier access to data.
“As one of the first in the world, we are making the move to digital registration with our new register of shipping, which we are now starting to develop,” Charlotte Ahrendt Steen, Deputy Director General, CPO, said.
“This will definitely reduce the administrative burden for those companies that have their ships registered under the Danish flag.”
Digitalization is set to improve today’s ship registration which includes extensive processes for the industry and is economically heavy for the shipping companies, DMA further said.