Regulation

ICS Releases 2011 Flag State Performance Table

The International Chamber of Shipping has released its 2011 edition of its Flag State Performance Table.

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

2012 National Defense Authorization Act Contains New Iran Sanctions

The law firm Seward and Kissel has issued a press release this week in relation to the U.S.’ 2012 National Defense Authorization Act, which contains information regarding sanctions against Iran.

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

Year in Review: The Industry’s Discussion Regarding the Use of Armed Guards in 2011

An editorial by Lloyd's List's Tom Leander states, "When the history of shipping’s response to Somali piracy is written, 2011 will be seen as a watershed year." Specifically, and as demonstrated by the ISRR's coverage of the issue, it was a year in which the industry discussed to increasing levels the legality of using armed guards aboard vessels to counter piracy.

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

Mercosur Imposes Ban on Falklands-Flagged Vessels

The South American Trade bloc Mercosur has implemented an embargo on vessels registered with the British Overseas Territory the Falkland Islands, in response to an ongoing sovereignty dispute between Argentina and the United Kingdom over the archipelago.

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

Panama Chamber of Shipping Welcomes International Owners

The Panama Chamber of Shipping is encouraging international shipowners registered with the Panamanian flag to join the organization, an historic act.

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

India Considers Reserving One Third of Export-Import Cargo for National Flag

India is considering reserving one third of its export-import cargo to be carried on nationally registered vessels, per the request of the National Transport Development Policy (NTDP).

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

Global nature of shipping lends itself to variety of tax savings options for owners, operators

Accounting firm KPMG recently published a report comparing tonnage tax systems developed by various flag states.

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

Protecting Ships is More Complicated with Modern Global Business Model

Scott Bergeron of the Liberian Registry explains that in an era where a ship is often owned, registered, and crewed by different nations, “responsibility for protecting ships cannot be easily assigned.”

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

Forthcoming Turkish Commercial Code could attract investors to flag

Turkey is implementing a commercial code effective July 1 2012 which it hopes will draw foreign banks to invest in the Turkish fleet.

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

Tonnage tax not enough to draw vessels to Taiwanese flag

A tonnage tax Taiwan introduced at the beginning of this year in hopes of bringing more vessels to the register has produced less than targeted results.

The Taiwanese Ministry of Finance hoped the tonnage tax would increase the percentage of Taiwanese owned vessels flagged nationally to 15%, yet it currently remains at around four percent.

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

Syndicate content