
German shipowners are incrasingly flagging out of the country's national ship register. The latest numbers from the German maritime authority, BSH, show that the fleet continues to decrease.
Lloyd's List writes that the German shipowners are under pressure from the EU Commission, and have promised to bring more ships under EU flag in 2012 to avoid any negative consequences for the German tonnage tax due to the outflagging. These months, the EU Commission is assessing the maritime state subsidies of the various member states, for Denmark this would be the Danish International Ship Register (DIS) and the tonnage tax, and, as mentioned earlier on ShippingWatch, a decision is expected this Fall.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app