Nuuk Abelsen, the Minister for Social Affairs in the Government of Greenland. Although only a small town, Nuuk has developed trade, business, shipping and other industries. It began as a small fishing settlement with a harbour but as the economy developed rapidly during the 1970s and 1980s, the fishing industry in the capital declined. The port is nevertheless still home to almost half of Greenland's fishing fleet. The local Royal Greenland processing plant absorbs landed seafood amounting to over DKK 50 million (US$7 million) per annum, mainly (80%) shrimp but also cod, lumpfish and halibut. Seafood, including seal, is also sold
Nuuk Airport flying boat, with the aircraft using the waterways of the Nuuk Port as a landing site. In 1962 a PBY Catalina crashed near the port, killing 15 people on board. The tragedy was one of the factors leading to the decision to invest in a helicopter fleet. The Sikorsky S-61N machines—still in use in 2010—proved to be a more reliable mode of transport for the city, providing exclusive service for the Nuuk city for more than a decade—from the purchase date in 1965 until the late 1970s. Even in the later era of the fixed-wing, turboprop plane domination, the S-61N