In 1723, Risør was granted town status which granted it a number of commercial privileges. By the end of the 18th century, 96 sailing vessels were owned by Risør merchants. It was the sixth largest shipping town and one of four shipbuilding centers in Norway.
In 1723, risøR waS gRAnted towN statuS which GrANTEd iT A nUMbEr oF coMmeRCiaL priviLeges. by the End Of the 18th cEnTurY, 96 sailINg vesseLs Were OWNeD BY RiSØr mErCHants. it wAs tHe sIxth largest shipping Town aNd ONe Of fouR sHipbUIlDiNg cEnters in norWay.