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Ship owners fear possible trade war

The Danish Shipowners’ Association is worried what might happen if there is a failure to establish international environmental requirements for shipping, resulting in a sulfur tax for EU waters instead. There is fear that this could lead to retaliatory sanctions from other countries.

Photo: Rederiforeningen

It is too early to hit the panic button, but there is also reason to be worried. That is how the Danish Shipowners’ Association feels about the recent announcement from the Indian government that the country is prepared to impose a tax on European ships in Indian waters if the EU introduces a regional sulfur tax for European waters.    

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