Germany as a shipping hub

The German maritime shipping sector is part of a highly competitive global market. Ensuring supportive competitive conditions at ports is crucial, not only in comparison to Asian shipping centres such as Singapore or Hong Kong, but also to other major European hubs such as Denmark, Belgium or the Netherlands.

Around 480,000 jobs in Germany depend on maritime shipping, whether directly or indirectly. The industry generates over 30 billion euros in added value annually, of which more than one billion euros comes from taxes and social security contributions. Germany continues to be one of the most important shipping nations in the world.

However, global competition is intensifying: many countries are offering shipping companies targeted incentives, such as more favourable tax systems, state subsidies, better access to capital, and lower labour costs. Competition for skilled labour also plays a key role.

Capital is mobile – tax and economic conditions can tip the scales in favour of or against a site. To remain internationally competitive, German maritime shipping needs reliable, attractive conditions.

This is the only way Germany can remain a strong maritime nation in future.