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 17, 2005

USCG Commandant visits IMO HQ

IMO Secretary-General Efthimios E. Mitropoulos and U.S. Coast Guard Commandant Admiral Thomas H. Collins, have held discussions at IMO headquarters in London.

Much of the meeting was taken up with talks on IMO's work on maritime security.

Topics discussed included U.S. proposals on long-range tracking of ships, the importance of access to shore leave for seafarers, and IMO's technical co-operation activities to enhance maritime security.

The security of strategic sea lanes, such as the Straits of Malacca, was also on the agenda. Last year, the IMO Council approved a high-level conference to consider ways and means of enhancing safety, security and environmental protection in the Straits of Malacca and Singapore. It is due to take place in Jakarta, Indonesia, later this year. The Secretary-General also confirmed IMO's plans to hold a similar high-level, sub-regional seminar in Aden, Yemen, on maritime security and prevention of piracy and armed robbery against ships.

On broader issues, Collins and Mitropoulos discussed IMO's work on the voluntary Member State audit scheme, goal-based standards for ship design and construction, passenger ship safety and formal safety assessment.

The Secretary-General thanked Admiral Collins for the valuable contribution that the United States continued to make to the work of the Organization, and stressed once again the crucial importance of a universally-accepted regulatory framework for such an international industry as shipping. Admiral Collins expressed his appreciation to the Secretary-General for his continued efforts to enhance safety, security and environmental protection, and for his strategic management of the Organization during his first year as Secretary-General.


Tell a friend: