EU

Brussels, 12 October 2018 - European Commission - Press release The European Commission has approved under EU State aid rules the extension of the existing Danish tonnage tax scheme to additional types of vessels. This will encourage ship registration in Europe and contribute to the global competitiveness of the sector without unduly distorting competition.

It is undeniable that the maritime indust

The Gibraltar Registry was recently featured in Fairplay magazine; key qualities mentioned include EU member status, Red Ensign Group membership and an attractive tax regime.

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.

The German Shipowners Association recently hosted numerous EU member flag States at a forum in Hamburg and Leer.

The UK Ship Registry, which attended the event, reports:

UKSR attends German EU flag forum

The European Commission has issued a report addressing the importance that member states ratify the Maritime Labor Convention.

Ship management services provider OCRA Worldwide reports:

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:

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:

The European Commission has identified Belize, Cambodia and Guinea-Conakry as three registries that "have not made not made credible progress in fulfilling their duties under international law and have failed to improve the situation” after receiving warnings from the EC in 2012 regarding illegal fishing