Monthly archive

May 2013

EU Remains Undecided on Legality of French VAT Exemption

In its most recently released package of infringment decisions the EU did not comment on the legality of French proposals for VAT exemption on charter contracts.

EU Considers Ship Recycling Regulations

The European Union is currently considering legislation on Ship Recycling that would overpower the IMO's Hong Kong Convention on Ship Recycling.

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Cyprus Cleared of Alleged Money Laundering Charges

The Eurogroup has approved the first payment of its loan to Cyprus under the Cyprus-Troika loan agreement and cleared Cyprus of any allegations of money laundering activities.

100 Series Rules for Use of Force Issued

The 100 Series Rules for the Use of Force (RUF), released earlier this month, are the first set of international guidelines for the recruitment of privately contracted armed security personnel onboard vessels.

Lloyd's List reports:

New York Times Piece Highlights Greece's Potential Adversarial Taxation Effects

The New York Times recent article, “Greek Crackdown on Tax Evasion Yields Little Revenue” displays the futility of taxation-focused policies to narrow a country’s deficit.

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MLC: The Managers' Perspective

Fleet Management Limited Director Captain Nagarajan M. S. recently wrote an analysis of the Maritime Labor Convention in the firm's quarterly newsletter. We think it provides a clear explanation of what steps shipmanagers and flags are taking to prepare for the convention's entry into effect this August.

Maritime Labor Convention 2006

Danish Maritime Community Seeks to Attract Foreign Owners

The Danish maritime community is campaigning for a series of initiatives it hopes will strengthen its shipping industry.

The Danish Shipowners' Association has submitted a proposal to the EU designed to allow for more foreign-owned, Danish-operated vessels to opt into its tonnage tax scheme.

Vanuatu Sounds Off on MARPOL, Ballast Water Conventions

The OGSR team recently visited the Vanuatu Registry office in New York to discuss the flag’s preparations for the implementation of the IMO MARPOL Convention’s Annex VI. Following our meeting, Capt. Michael DeCharles, Executive Vice President of the Registry, and Matthew Bonvento, Senior Manager, collaborated on this original piece for our site.

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Panama Maritime Authority Attends Sea Asia

The Panama Maritime Authority attended Sea Asia 2013 in Singapore last month.

The flag hosted a joint-exhibit at the conference with the Panama Canal Authority.

Bahamas Targets Brazilian Market

The Bahamas Maritime Authority has launched a campaign to reach out to the Brazilian shipping and offshore industries.

Delegates visited the Maritime Authority of Brazil, Brasa Shipyard and several owners and suppliers in the Rio de Janeiro area and plans to return to the country later this year.