Case... August 2008
LAURITZEN KOSAN HOMEGROWN IN DENMARK
Why Denmark? "Lauritzen Kosan has for more than 50 years been one of the world leaders in transporting gas, servicing some of the largest and most demanding companies in the world. Based on the know-how accumulated within our organization and with cooperation from a range of sub-suppliers from the Danish maritime cluster Lauritzen Kosan presently has a series of 10 highly sophisticated ethylene carriers under construction. The vessels will set new standards for environmental accountability and operational efficiency while securing our strong market position. The dynamic and highly skilled companies in the Danish maritime cluster with whom we are working have enabled us to build competitive, innovative and responsible solutions to bring to our customers while maintaining our tradition of quality and respect." Jan Kastrup-Nielsen, President, Lauritzen Kosan A/S
Lauritzen Kosan A/S is a company in the J. Lauritzen A/S shipping group. J. Lauritzen A/S has conducted its global shipping business from its Danish head-quarter for nearly 125 years. Today the company owns, control or manages more than 175 vessels within dry-cargo, product-tankers, reefer and gas shipping.
CASE: LAURITZEN KOSAN HOMEGROWN IN DENMARK
The reasons for choosing Denmark: • The presence in Denmark of a large number of sophisticated sub-suppliers ensure easy access to technological innovation and support • High level of education, research and development with focus on environment and quality • The Danish traditions of shipping as an important economic sector • A stable social, economic and political climate provides a high level of security and quality of living • Efficient labour market with well-educated and motivated workforce at all levels • Very efficient infra-structure
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Lauritzen Kosan A/S tradition of transporting liquefied petroleum gas goes back to the infancy of the industry. Lauritzen Kosan constructed the world’s first purpose built LPG-carrier in 1951. Today the company is primarily involved in transporting petro-chemical gases used in the production of plastic globally. The gases carried are high specification, volatile and requires expert handling and attention to details. Lauritzen Kosan and its partners control 40 gas carriers of which Lauritzen Kosan owns 18. Presently 12 vessels are under construction for delivery within the next 2 years. While headquartered in Copenhagen the company has activities in Shanghai, Hong Kong and Bilbao and employs about 350 people at sea and ashore.
Denmark at a glance • World's Best Place to conduct business in a five year perspective (Economist Intelligence Unit 2007 & 2008) • Among top 5 on the world competitiveness overall scoreboard (IMD 2007) • No 3 in the world on flexible labour regulations (IMD 2007) • No 1 in the world on IT infrastructure according to the IDC Society Information Index 2008 • Highest worker motivation in the world (IMD 2007)
Whether your company considers to relocate, consolidate, set up new production facilities, is on the lookout for new innovation partners or other strategic business solutions in Europe, Invest in Denmark is a good place to begin. We provide customised information and services free of charge and in full confidentiality.
Invest in Denmark 2, Asiatisk Plads DK-1448 Copenhagen K Tel. +45 33 92 11 16 Fax +45 33 92 07 17