Paradoxical as it seems for a land-locked country with no direct sea access, Luxembourg’s venture into the shipping sector is a remarkable success story. By combining financial expertise with attractive corporate, operational and tax structures, companies can develop new international opportunities.
Approximately 1,000 jobs in Luxembourg are linked directly or indirectly to the maritime sector. Specifically, ship owners established in Luxembourg provide jobs to some 400 highly-skilled employees on shore and around 4,000 at sea; and a further (approx.)
600 maritime related jobs are located in insurance companies, banks, law firms, consultancy groups and last but not least maritime logistics operators.