OPINION

Kingdom of Denmark vs the Shadow Fleet

News, Gwynne Dyer, Published on 25/10/2025

» Back in the 16th and 17th centuries, two-thirds of the Danish kingdom's income came from taxes paid by every ship passing through the Øresund ('The Sound') Strait, the only exit from the Baltic Sea. Each ship had to declare its cargo -- and if the Danes thought they were undervaluing it, Denmark had the right to buy it at the declared price.