ShippingWatch

Swedish shipowner: We want to return to Sweden

A Swedish tonnage tax scheme would likely make less Swedish vessels join neighboring ship registers. "Our heart lies in Sweden," a Swedish shipowner tells ShippingWatch. The Swedish shipowners' association expects a tonnage would curb the massive outflagging from the country.

Photo: Sirius Shipping

The introduction of a Swedish tonnage tax scheme in July next year, as announced by the Swedish government on Tuesday, could mean that a number of ships will leave the neighboring ship registers, such as Denmark or Norway's, or at least that new ships will be placed under the Swedish flag.

Several Swedish carriers such as the two smaller tanker carriers Terntank and Sirius Shipping left the Swedish ship register years ago, choosing in these companies' case to join the Danish International Ship Register in order to benefit from the country's tonnage tax scheme. Chemical and product tanker carrier Sirius Shipping switched to Denmark in 2010, but the company's ties to Denmark could now change going forward.

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