Regulation

Typical EPA regulatory policy - maker a policy so convoluted that just about any penalty can be imposed. To quote a bit of the introduction to the policy:

Building upon eight percent fleet growth in 2012 and a recent promotion to the Paris and Tokyo MoU Grey Lists, the Belize registry is offering incentives to attract quality tonnage.

IMMARBE will offer a 25% discount to ships that experience no detentions within a calendar year and extend that discount to 35% to vessels that remain detention free for two or more years.

Sweden is reconsidering implementation of a tonnage tax after seeing its fleet flag out to other Scandinavian registries.

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.

The International Chamber of Shipping's external relations director Simon Bennett has explained how shipowners can use its recently released Flag State Performance Table as guidelines in choosing a registry.

Lloyd's List's Craig Eason speculates about the impact that UAE-based class society Emirates Classification Tasneef may have in the market.

The United Arab Emirates has formed a classification society it hopes will become a mainstay in the Middle East market.

Yacht registration consultancy offshoregate.com has developed this useful table for those looking for the best jurisdiction in which to register their yacht.Yacht registration consultancy offshoregate.com has developed this useful table for those looking for the best jurisdiction in which to register their yacht: [caption id="" align="aligncenter" width="442" capti

The International Chamber of Shipping has released its 2012 Flag State Performance Table.