New VAT changes on services supplied in Algeria
05 January 2018BIMCO has been informed by members in Algeria that VAT is now payable on services supplied to ships.
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BIMCO has been informed by members in Algeria that VAT is now payable on services supplied to ships.
BIMCO has collected statements from a number of flag states, port states and recognised organisations/classification societies (RO) and produced a regulatory analysis concerning COVID-19 and its possible implications on statutory ship certificates, surveys, inspections or audits under relevant International Maritime Organization (IMO) and International Labour Organization (ILO) instruments.
BIMCO and INTERTANKO have jointly published Q&As addressing the contractual implications owners and charterers should keep in mind when chartering ships fitted with scrubbers. The Q&As highlight the key charter party clauses and concepts which should be reviewed for both time and voyage charter parties.
Reduced volumes are currently posing a major challenge to container shipping due to the COVID-19 crisis.
In a clear sign of industry support for BIMCO’s initiative to develop a new ship sale and purchase agreement, the organisation has received over 800 individual comments on its consultation draft, which will shape the final version of the agreement.
In a clear sign of industry support for BIMCO’s initiative to develop a new ship sale and purchase agreement, the organisation has received over 800 individual comments on its consultation draft, which will shape the final version of the agreement.
The IMO’s Maritime Safety Committee (MSC) considered the ongoing scoping exercise to identify affected IMO regulations by Maritime Autonomous Surface Ships (MASS) at its 101st session in which the Maritime Technology & Regulation and Security departments represented BIMCO.