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26 November 2015 The on-line newspaper devoted to the world of transports 09:47 GMT+1

November 27, 2003

Subsidies to shipping companies to increase substantially next year

Beginning in mid-2004, Finland will adopt a subsidy model for shipping companies that resembles the system that has been in place in Sweden for a few years.

In practice, this means that the state will return all the income taxes and social security payments that are deducted from crew members' wages to the shipping companies ......
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