The recently enacted "American Jobs Creation Act" gives significant tax breaks to a number of U.S. industries--including shipping.
MARINE LOG and BLANK ROME will present a senior level seminar CHANGES IN U.S. TAXATION OF SHIPPING INCOME in Stamford, Conn. on April 5 & 6, 2004
Make sure you know how the new tax rules work!
February 15, 2005
Kidnapped Turkish shipbuilder released
According to BBC and other reports, Kahraman Sadikoglu, who owns the Istanbul-based Tuzla Shipyard, was yesterday freed by kidnappers after his family paid a large ransom..
After his abduction he appeared in a video saying he had been clearing sunken ships from Iraqi harbors.
A Turkish press report says his family paid $500,000 for his return.