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Background The IMO has so far adopted three different kinds of measures in MARPOL Annex VI. Resolution MEPC.328(76) focuses on either the design and technical energy efficiency of a ship or the ongoing operation of a ship. The below gives a brief overview: 1. Design measure: The Energy Efficie... Please follow the link to continue reading.

BIMCO makes major improvements to its freight tax information

What is the tax liability of the freight when the ship is flying the Bahamas flag, the owner is registered in the Philippines and the cargo is shipped out of Argentina? As a BIMCO member, you’ll find that the improved BIMCO freight tax database will be a big help when navigating freight taxes and... Please follow the link to continue reading.