EU

The International Ship Registry of Cambodia (ISROC), the South Korea based private company which has administered the Cambonian fleet since 2003, has come into questioning resulting from its non-enforcement of international standards.

The Cambodia Daily 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

Moore Stephens has issued a press release commending the European Commission's decision to continue its maritime transport aid to member states:

Moore Stephens welcomes EC decision to maintain maritime state aid guidelines

The Romanian International Flag Administration (RIFA) is now open for operation, with a live website reporting that four shipowners have already signed with the registry.