EU Snoops Into Greek Shipping Tax System

According to Greek press as German shippers are loosing market share, a driven request of the European Commission is meddling with the Greek shipping tax system. The European Commission asked Greece to clarify the workings of the tax system for its key shipping industry which is run by some of the wealthiest people in the bailed-out country. “The commission is currently looking at the tonnage tax and has asked for details from Greece,” the office of European Competition Commissioner Joaquin Almunia said. Greece has until October 30 to reply.

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EU Announces Measures to Monitor GHG

The European Commission has announced today that it will propose, in early 2013, measures to monitor, verify and report on Greenhouse Gas (GHG) emissions from shipping. This measure will apply to all ships calling at EU ports and could also be the basis for a global approach towards cleaner shipping. However, green groups are disappointed because emissions monitoring doesn’t address the main issue at stake: reducing GHG emissions from ships.

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