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Title TRADITIONAL FLAGS--THE LONG-TERM SOLUTION?
Accession No 00656269
Authors Senior, P
Journal Title Fairplay information Vol. 308 No. No.5483
Publication Date   19881110
Description 1-2/3p.
Abstract While some maritime nations in northern Europe have instituted second registers or are considering them, the Netherlands is opposed to the idea of a second register and would find it politically impracticable. Instead, Netherlands politicians worked closely with shipowners during 1987-88 to develop a package aimed at alleviating some of the pressure in certain key areas of shipping. This package, which is described, incorporates tax concessions to seafarers; further studies into minimum manning requirements; investigation of the possibilities for extending the opportunities for employment of foreign seamen at lower wages; and the maintenance of the Investment Premium Regulation (IPZ). The IPZ, which is taxable, allows owners to claim an investment grant of 12.5% on each vessel over a 5-year term provided it is flagged in Holland and kept there for six years. The article concludes by discussing the conclusions and recommendations of a Dutch committee that evaluated the impact of European Community proposals upon both air and sea transport companies.
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Journal article
Identifier Terms Commission of the European Communities
Other Terms European community; Maritime aids; Maritime policy; Ship registration
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Document Source Maritime Technical Information Facility
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