Greece

UK Seeks Greek Owned Tonnage

The United Kingdom has expressed interest in attracting Greek owners to its fleet.

An article featured on Lloyd's List reports:

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Greek Shipowners Unhappy with Mandatory Double Taxation

Greek shipowners are discontent with a bill passed late last year mandating double taxation among other tax increases.

Lloyd's List reports:

Greek tax grab sours shipowners’ mood

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Malta, Greece and Cyprus Present United Front

Leaders from Malta, Greece and Cyprus met this past Monday to develop a united approach to maritime policies.

GM International Services, which provides ship registration services for the Maltese flag, posted the following release on their website:

Greek Ministry of Finance Assumes Ship Registry Control

The Greek Ministry of Finance has assumed responsibility of the country's ship registry according to a press release from Athens News Agency:

Moore Stephens Speaks on State of VAT

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Europe's Three Largest Flags Discuss Growth Initiatives

Representatives from Cyprus, Greece and Malta met in Athens earlier this month to discuss ways to further develop Europe's maritime industry and keep its flags competitive with other open registries.

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Some Flagging Out by Greek Owners

A recent study from the Greek Shipping Co-operation Committee indicates that while the national flag remains the most popular choice for domestic shipowners, there have been some reflagging to registries as Malta, the Marshall Islands and Panama over the past

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Greece to Enforce Tax on Foreign-Flagged Ships

Greece has announced plans to tax foreign-flagged ships that are nationally managed or owned for the first time as it seeks additional sources of revenue.

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Marshall Islands Registry Backs Greece

The Marshall Islands registry expressed support for Greece at Posidonia earlier this month.

TradeWinds reports:

Fears that political and economic instability in Greece could prompt an exodus from shipping’s capital city are starting to subside following elections which set the stage for a collation government.

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