SMM 2010: U-turn on reflagging not enough to rescue KG funds
- Monday 06 September 2010, 17:47
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- Finance
THE German government’s decision to drop its requirement of major reflagging in exchange for an extension of the tonnage tax regime will not be enough to save the country’s struggling KG system.The German government has previously required owners to have 600 ships under the national flag...
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