In a bid to respond to the needs of shipowners and the ship financing and legal community, the Republic of Liberia amended its maritime law to allow lease financing structures to be recorded as mortgages. As such, Liberia is the only flag state with preferred status in China able to record financing charters.
The European Commission has approved, under EU State aid rules, a Portuguese tonnage tax scheme, which, together with a scheme to support seafarers, will encourage ship registration in Europe and contribute to the competitiveness of maritime transport, while preserving employment and promoting high environmental standards.
Sweden's largest hybrid ferry to begin operations22/07/2019
Novatek closes Arctic LNG 2 transaction22/07/2019
ICS worried over developing situation in Strait of Hormuz22/07/2019
Iran seizes British-flagged oil tanker in Strait of Hormuz22/07/2019
Canada secures first long-term contract for LNG export to China22/07/2019
Crude oil loadings at Libya’s Zawiya Port continue after lifting of force majeure22/07/2019
Port of LA sets up workforce training program ahead automation plans22/07/2019
- Ship Recycling
Bangladesh the preferred choice for ships scrapping22/07/2019
- Maritime Health
Ebola outbreak declared in Congo22/07/2019
Key risks the offshore wind sector has to encounter22/07/2019