Shipowners call off fears of UK becoming "European Singapore" after Brexit

Ahead of Brexit, shipowners and offshore companies in the EU feared that Great Britain would use its independence to create "Europe's Singapore" with low taxes. Now Danish Shipping calls off this worry.
Photo: Tony Hicks/AP/Ritzau Scanpix
Photo: Tony Hicks/AP/Ritzau Scanpix

Great Britain's plans for a tax reform aimed at copying Singapore's status as an attractive shipping hub is no longer cause for much worry at association Danish Shipping.

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