- Britain is drawing up plans to turn London into a rival of Singapore as a hub for shipping companies to register vessels after the Brexit transition period.
- Industry bodies and unions have been canvassed over the reform of the shipping industry’s tonnage tax after Jan 1.
According to calculations provided to the government, revamping Britain’s shipping tax and regulation regime could be worth £3.7 billion (S$6.6 billion) to the economy over three years and create 2,500 high-quality jobs...
https://mfame.guru/britain-plans-to-rival-singapore-with-ship-registry-revamp/