Carriers

UK wants to challenge Singapore's shipping hub status

By way of a tax reform, the UK means to challenge Singapore's status as shipping hub, writes Financial Times. The newspaper reports that Britain is working on a plan to increase the number of UK-flagged ships by attracting oil rigs, among other measures.
Photo: Niklas Hallen/AFP/Ritzau Scanpix
Photo: Niklas Hallen/AFP/Ritzau Scanpix
by CHRISTIAN CARLSEN

The UK has plans for London to take over Singapore's status as shipping hub once the country leaves the European Union, writes Financial Times.

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