Luxembourg Blue Economy: a success story

In the late 1980s, in the context of an economic diversification process, Luxembourg authorities decided to create a national shipping register. Governed by the "1990 Maritime Act", this quality-oriented Maritime Register aims at ensuring full compliance with all relevant and applicable regulations issued by the competent international organizations. Today, more than 200 vessels fly the Luxembourg Flag.

A flourishing and highly diversified industry

Thanks to an overall favorable business climate and state-of-the-art infrastructure, Luxembourg has become, over the years, an attractive location for shipping businesses.

A broad range of companies active in the maritime industry are indeed already established in Luxembourg: shipping, ship management, shipbuilding, dredging and logistics companies for example, but also service providers – consulting, legal, insurance, finance companies – and even space companies providing maritime surveillance solutions.

Luxembourg Maritime Cluster turns 10

Since 2008, the Luxembourg Maritime Cluster brings together local stakeholders of the maritime sector to promote the interests of the Blue Economy in Luxembourg. On May 9th 2018, this independant non-profit organization celebrated its 10th anniversary in the presence of Etienne Schneider, Minister of the Economy, during a special Gala Night.

In addition to its role as the voice of the Luxembourg maritime economy, the Cluster serves as a focal point for global maritime stakeholders looking to engage with its 60 member companies specialized in maritime transportation, dredging, logistics, finance, law, insurance, consulting, safety & security and marine equipment.

As an active member of the European Network of Maritime Clusters, the Luxembourg Maritime Cluster contributes to the development of the maritime sector and maritime related services in Luxembourg through the implementation of promotion and communication strategies both in Luxembourg and abroad.

©Kliewer Fotografie
©Kliewer Fotografie

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