Baltic Sea - Economy

Economy

See also: Baltic Sea ferries

Construction of the Great Belt Bridge in Denmark (completed 1997) and the Øresund Bridge-Tunnel (completed 1999), linking Denmark with Sweden, provided a highway and railroad connection between Sweden and the Danish mainland (the Jutland Peninsula). The undersea tunnel of the Øresund Bridge-Tunnel provides for navigation of large ships into and out of the Baltic Sea. The Baltic Sea is the main trade route for export of Russian petroleum. Many of the countries neighboring the Baltic Sea have been concerned about this, since a major oil leak in a seagoing tanker would be disastrous for the Baltic—given the slow exchange of water. The tourism industry surrounding the Baltic Sea is naturally concerned about oil pollution.

Much shipbuilding is carried out in the shipyards around the Baltic Sea. The largest shipyards are at Gdańsk, Gdynia, and Szczecin, Poland; Kiel, Germany; Karlskrona, Sweden; Malmö, Sweden; Rauma, Turku, and Helsinki, Finland; Riga, Ventspils, and Liepāja (Latvia); Klaipėda (Lithuania); and St. Petersburg, Russia.

There are several cargo and passenger ferries that operate on the Baltic Sea, such as Scandlines, Silja Line, Polferries, the Viking Line, Tallink, and Superfast Ferries.

Read more about this topic:  Baltic Sea

Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)

    Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.
    Henry David Thoreau (1817–1862)