China Eliminates 6% VAT

China Eliminates 6% VAT

…exempt from this tax, according to a news release posted on the Federal Maritime Commission’s (FMC) website. The FMC reports that this exemption, which went into effect on January 1,…

2014 Ocean Shipping Outlook

2014 will usher in a record year of ship deliveries for worldwide trade, according to ocean liner analyst Alphaliner. Capacity topping 1.6 million TEU’s (twenty-foot equivalent units) will join the…