Shipowners See Increase in IMO-Compliant Fuels, But Doubts Persist

By Ahmad Ghaddar AMSTERDAM, May 23 (Reuters) - Shipowners, who are facing one of the biggest changes in the oil industry in decades, are seeing more fuels that will be compliant with new rules on sulphur emissions from ships, but some say the way forward is far from clear. The United Nations shipping agency the International Maritime Organization (IMO) will from January … [Read more...]

Greek Shipowners Say EU Tax Pressure Could Make Brexit ‘Not a Bad Thing’

ATHENS, June 8 (Reuters) - Greek shipowners could relocate to Britain after it leaves the European Union if European regulators demand changes to favourable shipping taxes in Greece, a top industry official said on Friday. The European Union has been pressing Greece to end generous tax allowances it grants shipowners, although the government has steered away from imposing … [Read more...]