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Greek shipowners agree on new tax change

25.02.2019

The Greek shipowners reached an agreement with their government to change the way they are taxed. Namely, Greece will now charge a 10% dividend tax, instead of the former way of charging a double tonnage tax.

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What next for iron ore?

25.02.2019

Whilst this time of year is traditionally slow for dry bulk markets, the sentiment has been further amplified in the short-term by news last month of the dam break at Vale’s iron ore mine in south eastern Brazil which has sparked supply concerns as closures are expected to hit production by 9% with an estimated 70m tonnes being affected.

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Cybersecurity and Maritime Industry

22.02.2019

Nowadays, information security is considered as one of the most fundamental and critical factors that evaluates the reliability and availability of a computer system or an ICT environment. Information and communications technology (ICT) has induced a severe revolution in the digital era and the connected network (Internet) has become an integral part of our daily lives.

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Oil to continue dominating transport sector

21.02.2019

In its Energy Outlook for 2019, BP reports that the transport sector will continue to be dominated by oil, despite the increasing penetration of alternative fuels, and particularly electricity and natural gas.

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Hellas: Ship owners With Larger Vessels Prefer to Install Scrubbers Ahead of IMO 2020 Rules

20.02.2019

The debate over the strategy with the best results, when it comes to complying with the 2020 IMO rules for the use of lower sulphur fuels on the existing fleet, is still raging. In a recent press event, the Piraeus office of DNV GL, which also acts as the base of the company’s regional headquarters and oversees a number of countries in the area, had some interesting thoughts to share.

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BIMCO tempers GDP growth projections ahead of IMO’s next greenhouse gas study

19.02.2019

A global shipowning body has called for regulator International Maritime Organization (IMO) to dismiss high global gross domestic product (GDP) growth projections when addressing its next greenhouse gas (GHG) study, due to get underway next month.

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