tonnage tax

Following years of fluctuations in the size of the Cyprus-registered or Cyprus-owned maritime fleet, due to a major facelift and infrastructure change, whereby in the last decade there has been a

Yesterday, the Liberian International Ship & Corporate Registry (LISCR) announced a new sustainability program that will relieve a portion of ship owners’ tonnage tax burdens upon participation.  LISCR intends to be the “ensure that Liberia remains the greenest fleet afloat,” said CEO Scott Bergeron.

Malta ship registrar general Ivan Sammut has said that the EU's evaluation of the country's tonnage tax regime would affect all member states.

Fairplay reports:

Cypriot entities which opted into the tonnage tax during its first year offered will experience a fleet review to ensure they continue to meet the required quota of EU flagged ships for tonnage tax qualification.

Andreas Neocleous & Co reports:

Shipping & Transport - Cyprus

Attorney Sören Thorlin of Skarp Stockholm Advokatbyrå argues that Sweden needs to establish a tonnage tax regime and establish an international registry if it wants to remain competitive as a maritime nation.

The Swedish fleet stands at a crossroads as it sees its numbers decline while Finland is experiencing an uptick in registrations. Fairplay reports:

Sweden’s flag fall swells Finnish coffers