May 2014

CMA Editor Elaborates on US Maritime History

Connecticut Maritime Association newsletter editor Don Frost has written a follow-up to his February editorial on United States maritime policy in the publication's May edition, this time chronicling these policies from 1960 through 1990.

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Isle of Man Ship Registry Featured in Financial Times

The Isle of Man Ship Registry is highlighted in a special Financial Times special report on the British Crown Dependency:

Overseas delegations seek out local expertise in Isle of Man

by Andrew Bounds

Japan Faces Challenges in Providing Competitive Tax Environment for Shipowners

Japan continues challenges in its tax system's ability to compete with other jurisdictions that can offer lower rates to shipowners.

Lloyd's List reports:

Five years on, Japan’s shipowners are still singing the tonnage-tax blues

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Luxembourg Reduces Registration Fees

Luxembourg has announced intentions to lower its ship registration fees in order to attract more vessels to the flag.

Tax-News.com reports:

Luxembourg Lowers Shipping Registration Levy

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LISCR Appoints Robert Twell as London Office General Manager

The Liberian Registry has named Robert Twell as the new general manager of its London office.

The organization reports:

LISCR appoints new general manager for London

Indian Owners Seek Foreign-Flagged Ships

Indian shipping firms are hoping for the government to pass legislation that would allow them to own and operate foreign-flagged vessels.

The Maritime Executive reports:

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Oxford Economics Study Charts EU Flag Growth Over Past Decade

A recent study by Oxford Economics' Andrew Goodwin titled, "The Economic Value of the EU Shipping Industry" examines the shipping industry's impact on member states using a variety of indicators.

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Norwegian Ferry Line Pledges Loyalty to International Register

Norwegian ferry company Color Line has expressed the importance of flagging its vessels with the country's International Register which it hopes will become more competitive with the Swedish and Danish flags.

A feature in TradeWinds reports:

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Greece Benefits from Establishment of Yacht Association

The creation of the Greek Yachting Association late last year has led to significant developments in the country's superyacht industry, most notably the adoption of the New Greek Yachting Liberation Law which streamlines many of its yachting policies.

Superyacht News reports:

23 Apr 2014

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Maritime Maisie Completes Successful Salvage

The Maritime Maisie, which spent over three months stranded off the coast of Busan, Korea following a collision and an onboard fire and recently found refuge in the Port of Ulsan, has successfully offloaded all cargo and fuel, completing its salvage.

Spokesfirm for the Maisie owner MTI Network issued the following release:

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