The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact, ensuring shipowners are rewarded for sustainable …
The post Tonnage Tax Reductions Of Up To 30% With New Cyprus Green Incentives Programme first appeared on Hellenic Shipping News...