Taxes & tariffs

Measures tightened to control outward remittances from China

Indian service tax change imposed affecting owners and operators of ships calling India to discharge

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February 2017

Measures tightened to control outward remittances from China

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.

January 2017

Indian service tax change imposed affecting owners and operators of ships calling India to discharge

On 12 January the Indian Government issued notifications related to the payment of Service Tax. 

November 2016

Greek bunkering update

Further to our recent update about the new Greek regulations for bunkering, please note that the competent Directorate of the Ministry of Finance has issued a circular providing additional clarification on this topic.   

October 2016

Liberia to receive preferential flag status with respect to Chinese tonnage dues

In agreement with the maritime transport agreement signed between the Republic of Liberia and the People’s Republic of China on 3 November 2015, Liberia will be added to the preferential list of countries when determining the tonnage dues.

October 2015

Important news relating to user fees imposed by the Province of Zambales, Philippines

BIMCO has recently received reports from members having received invoices issued by the Province of Zambales in the Philippines concerning a so-called Provincial Coast Watch Environmental Monitoring System User Fee. The invoices impose significant fees on ships transiting the territorial waters...

May 2015

Suez Canal Authority issues Circular 3/2015 concerning container ships

On Container ships coming from ports of the east coast of America heading to south east Asian ports...

New Panama Canal Toll structure approved

The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the canal tolls structure, following a recommendation from the Panama Canal Authority Board of Directors.

February 2015

Suez Canal transit dues for the year 2015

The Suez Canal Authority announces that transit dues for the year 2015 shall remain unchanged the same as in 2014...