ShippingWatch

Greek shipping's tax fears resurface

Fears of new tax conditions for the Greek shipping cluster now seem rekindled among the country's big shipowners, reports Seatrade Maritime. Do the big companies know something the smaller ones do not, one industry figure asks.

Demonstrationer i Athens gader i forbindelse med redningspakken. | Photo: Anthon Unger/POLFOTO/arkiv

Yet again, fears seem to have rekindled in the Greek shipping cluster, with rumors of certain shipowners potentially moving abroad being described as alarming. Shipowners gathered in the Union of Greek Shipowners, UGS, have agreed to pay a higher tonnage tax in relation to the bailout agreement the country's Syriza-led government has signed with its lenders.

Greece's maritime cluster can thus look forward to an increase in tonnage tax of EUR 110 million ahead of 2017.

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
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Sea Cargo Charter hesitates to raise climate ambitions

The climate ambitions of the Sea Cargo Charter initiative have been criticized by several members, but it seems they still don’t stand to be raised, Chair Jan Dieleman tells ShippingWatch. For over a year, the initiative has considered raising the bar.

Further reading

Related articles

Latest news

See all jobs