Tag: tonnage

The Republic of the Marshall Islands (RMI) Registry achieved a new milestone surpassing 200 million quality gross tons and nearly 5,600 vessels.

The Port of Singapore has registered a record-breaking three billion gross tonnage in annual vessel arrival tonnage.

The American Club has reported encouraging year-on-year growth in premium and tonnage over the recent renewal period. Increases in both metrics were experienced across all of the Club’s insurance lines, strengthening its position for 2023 and beyond.

Have you ever wondered what is the difference between gross and deadweight tonnage?  

According to a recent statement, the Port of Corpus Christi ended 2019 with record tonnages for December, with 13.8 million cargo tons. What is more, the entire year recorded 122.2 million cargo tons; a 16-million-ton improvement over 2018 tonnages.

The European Commission informed that it has authorized, under EU State aid rules, the extend of three amendments regarding the Dutch tonnage tax regime, which is now up to 31 December 2028. The three measures regard a reduced tonnage tax rate for large vessels of over 50,000 net tones, a reduced tonnage tax base for ship management and the application of tonnage tax systems to cable - laying vessels.

Port Houston Executive Director, Roger Guenther, provided a report of solid operating results to the Port Commission of the Port of Houston Authority, at its monthly meeting conducted on Tuesday, May 21, on the continued increases in tonnage, including resin exports.

Transport Malta published a circular drawing the attention of all concerned to the reporting obligations contained in the Merchant Shipping (Taxation and Other Matters Relating to Shipping Organisations) Regulations. Shipping organizations falling within the scope of regulation 4(4) of these Regulations and approved as such, must submit an annual declaration to the Commissioner for Revenue.

The European Commission has approved the extension of the current Danish tonnage tax scheme to additional types of vessels. This aims to encourage ship registration in Europe and contribute to the global competitiveness of the sector without distorting competition.

In the first nine months of 2018, the Port of Corpus Christi reached a new milestone, setting a new tonnage record of 79.3 million tons. This surpasses the previous record of 77.9 million tons set in the first nine months of 2015, while also eclipsing the same period in 2017 by 4 million tons.