London's plan to rival Singapore as vessel registration centre a long way from policy
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London
SHIPPING and maritime executives in the UK have poured cold water on a recent report in the Financial Times which claimed that the UK wants London to rival Singapore as a hub for shipping companies to register vessels.
On Tuesday, the FT reported that various industry associations and unions have been consulted over the reform of the UK shipping industry's "tonnage tax" after Jan 1 next year.
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