May 2013

Greece's New Tax Regime Implemented

Greece's new tax legislation which generates revenue by levying new taxes on nationally-owned, foreign-flagged ships is now in place.

Cayman Islands and Videotel Debut Digital Management System

Marine training software provider Videotel has introduced a Flag State Administration Training and Record Management System to help registries prepare for forthcoming IMO requirements requiring them to implement these systems.

MarineLink.com reports:

This page is only available to subscribers. Please subscribe now, or send an email to eengh@marinemoney.com for more information.

CIPA Addresses Foreign Investor Concerns

The Cyprus Investment Promotion Agency (CIPA) has issued a statement to foreign investors acknowledging the country's recent financial restructurings and assuring them that "Cyprus remains an attractive investment destination."