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06 August 2020 The on-line newspaper devoted to the world of transports 00:30 GMT+2



JULY 18, 1997

GERMANY ANNOUNCES NEW SHIPPING POLICY

A new package of support for the German shipping industry has been announced by German transport minister Matthias Wissman. The plan, which must still be approved by parliament, will reduce the German shipping industry's annual costs by about Dm50m ($27.7m). The main tax proposal is the introduction of a ship tonnage tax under which ships will pay a set ......
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