Cyprus to lure in shipping companies with "green" tonnage tax

Cyprus will lower its tonnage tax significantly for shipping companies that are working to reduce their carbon emissions.
Cypern vil lokke skibsejere til at sejle grønnere. | Photo: Cyprus Shipping Deputy Ministry / PR
Cypern vil lokke skibsejere til at sejle grønnere. | Photo: Cyprus Shipping Deputy Ministry / PR

Cyprus says it will lower tonnage tax to create incentives for shipping companies to use greener ships and ultimately have them registered in the flag state in the middle of the Mediterranean.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
  • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading