Since 1990, vessels may fly the Luxembourgish maritime flag. As of then, the Grand-Duchy of Luxembourg, a country unbordered by seas, has worked to develop a strong and attractive legal framework in the maritime sector. It has created tools for professionals and sailing enthusiasts to diversify the scope of services offered by the country.
Since 1990, hundreds of merchants and pleasure boats have registered with the Luxembourg maritime authorities. In 2007, there were 155 registered vessels: in contrast to 221 in 2016 with slightly more than 300 maritime companies