Hanjin Loss Demonstrates Tricky Shipping Market

by Mary Swire, Tax-News.com, Hong Kong

Friday, February 03, 2012

South Korea's largest shipping group, Hanjin Shipping, is the first major operator to publish financial reports for last year. Its announcement of major losses, in contrast to last year's record profits among many of its operations, demonstrates the extreme pressure operators have faced as a result of ship overcapacity.
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US Congress Looks At Maritime Tax Issues

by Mike Godfrey, Tax-News.com, Washington

Monday, February 06, 2012

The United States House of Representatives Ways and Means Subcommittee on Oversight has held a hearing on harbour maintenance funding and maritime tax issues, with a focus on the Harbour Maintenance Trust Fund and Harbour Maintenance Tax, and the tax treatment of foreign shipping operations.
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Groundbreaking Maritime Internet Solution Launched

by Jason Gorringe, Tax-News.com, London

Wednesday, February 01, 2012

Maritime Very-Small-Aperture Terminal market leader KVH Industries has announced a major upgrade to its mini-VSAT Broadband network, which will provide Internet availability for 95% of the Earth's surface, including all of the world's major shipping routes, offshore oil fields and commercial fishing grounds.
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• 19/01/2012 India Readies Investment For Major Port Projects »
• 13/01/2012 SeaFrance Placed Into Liquidation »
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• 03/01/2012 India, Japan Agree To Boost Maritime Ties »
• 02/01/2012 Key STCW Amendments Enter Into Force »
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• 26/12/2011 China Engages ASEAN Nations On Maritime Cooperation »
• 21/12/2011 Bahamas Gains Place On New IMO Council »
• 19/12/2011 Jersey Updates Mooring Facilities »
• 07/12/2011 Maritime Levy To Help Fight Climate Change »
• 06/12/2011 IMO Adopts Anti-Piracy Resolution »
• 01/12/2011 UK To Permit Armed Security On Cargo Vessels »
• 30/11/2011 MISC Berhad Plans Container Market Exit »
• 29/11/2011 Antigua And Barbuda Targets Mega Yachts With New Registry »
• 28/11/2011 Italy Taken To EU Court Over Ship VAT Exemptions »
• 25/11/2011 UK To Revamp HM Coastguard Service »
• 22/11/2011 New Rules Will Cut Shipping GHG Emissions »
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