With new EPA regulations coming into effect July 31, Perko urges boatbuilders who qualify for the small business exemption to file for a waiver now. The waiver is written into the regulations and gives companies of 500 employees or less the ability to build up to 1,200 boats in one year that are not in compliance.
Leading accountant and shipping industry adviser Moore Stephens has warned that the tax advantages available in respect of capital expenditure on ships may be greatly reduced following changes to the UK capital allowance regime which came into effect on 1 January 2011.
Dr Peter Swift has been presented, by the Secretary General of the IMO, Efthimios Mitropoulos, with a special Tanker Shipping & Trade Lifetime Achievement Award.
BIMCO, in partnership with the International Bunker Industry Association (IBIA), has launched a new bunkering guide designed primarily for use by ships’ crew.