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Tax cut may lead to delay of cargo deliveries in China

The Ministry of Finance and State Administration of Taxation of China has issued a circular, in which they will reduce Value-Added Tax on the sale and import of a number of products from 13% to 11% with effect from 1 July 2017, the North of Engalnd P&I Club informed. In light of the forthcoming VAT reduction, ship owners may be asked to postpone cargo delivery to beyond the 1 July deadline.

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US sets strict rules for BW discharge

The North P&I Club says that US is ‘getting tough’ on Ballast Water extension. USCG officers focus on BWM compliance issues during their routing PSC inspections. The Club advises that all ships calling at US ports and intending to discharge ballast water must either carry out ballast water exchange or treatment, in addition to fouling and sediment management.

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