ATHENS: Greece’s creditors are taking aim at the nation’s shipowners in a move that could see many more lines move overseas. According to Reuters, a higher tonnage tax has been demanded by creditors as is the phasing-out of special tax allowances for Greek owners.
The under pressure Greek government is understood to have concurred with these measures. Any fiscal changes will likely see an exodus of owners to other maritime hubs around the world with New York, London and Singapore keen to take their business.