Container lines ‘scramble’ to rent more ships amid Red Sea crisis

chart of spot container freight rates

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Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The...

https://www.freightwaves.com/news/container-lines-scramble-to-rent-more-ships-amid-red-sea-crisis

Red flag: Shipping lines suddenly a lot less interested in renting ships

a photo of a container ship

The cost to transport containerized goods peaked at unprecedented levels in late 2021. That cost has been falling ever since. In contrast, the cost to rent ships that carry containerized goods held up much longer. Even as freight indexes slid month after month, charter indexes stayed near record highs into this summer.

No longer. Indexes that measure container-ship rental rates are now dropping like a stone, suffering far steeper declines than freight indexes. Ship-charter indexes have...

https://www.freightwaves.com/news/red-flag-shipping-lines-are-suddenly-a-lot-less-interested-in-renting-ships

Ship Leasing Tax Initiative Boosts Business

  • Ship leasing tax leads to attracting more principals.
  • New regulations to boost the Special Administrative region’s shipping business.

The ship leasing tax initiative will provide a boost for Hong Kong’s shipping cluster, writes InvestHK for Seatrade Maritime News.

Tax Initiative

Bjorn Hojgaard, CEO of Anglo-Eastern Univan Group, talks about how the new ship leasing tax initiative should attract more principals to Hong Kong.

Hong Kong New Regulations

In this interview with Seatrade Maritime News...

https://mfame.guru/ship-leasing-tax-initiative-boosts-business/

New Tax Concession Law To Boost Hong Kong’s Ship Leasing Market

  • Hong Kong is hopeful to see an enlargement of its global share of ship leasing activities following the recent ship leasing tax concession.
  • The tax rate on the qualifying profits of ship lessors carrying out lease activities to be 0%.
  • Furthermore, the Hong Kong Government plans to capture about 12% of the world’s market in the future.
  • New Tax scheme to open up opportunities in Mainland Chinese companies to access more talented people in Hong Kong.
  • Terms of qualifying for the...

https://mfame.guru/new-tax-concession-law-to-boost-hong-kongs-ship-leasing-market/

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