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BIMCO continues to hear back from members on the issue of the Indian Service Tax.
Recently, China’s State Administration of Foreign Exchange (SAFE) has tightened up measures to control outward overseas remittances with a view to curbing Chinese capital outflows.
Ships have been charged with “user fees” related to a 'monitoring' system implemented in the Philippine province of Zambales. BIMCO believes this system is inconsistent with UNCLOS.
BIMCO has received numerous questions related to the costs of “sea trials” in the Suez Canal – mainly creating disputes for ships transiting for the first time.
BIMCO has been informed by members in Algeria that VAT is now payable on services supplied to ships.
Ships have been charged with “user fees” related to a 'monitoring' system implemented in the Philippine Province of Zambales. BIMCO believes this system is inconsistent with UNCLOS. An update highlights a number of changes that have not been addressed.
BIMCO has updated and restructured its port information database which provides the maritime industry with reliable information about port facilities, working hours and national holidays.
This is the latest in a series of reports supplied by the Chamber of Shipping of America (CSA) with the intention of keeping BIMCO members appraised of legislative developments in the US affecting international shipping. BIMCO highlights only the relevant developments that would impact members. The... Please follow the link to continue reading.