You are here


DNV GL draws fire for regional tax plan

Its proposal for a recycling fund by taxing ships calling on EU undermines global efforts on recycling yards

IT is a strange world when a classification society comes up with a plan to slap a regional tax on its primary clientele, the world's shipowners. That is what major classification society DNV GL has just done.

Once again the subject of this column is ship recycling, or scrapping. But the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to