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Tonnage Tax Reductions Of Up To 30% With New Cyprus Green Incentives Programme The Cyprus Shipping Deputy Ministry (SDM) has announced a new range of green incentives to reward vessels that demonstrate effective emissions reductions. From the fiscal year 2021, annual tonnage tax will be reduced by up to 30% for each vessel that demonstrates proactive measures to reduce its environmental impact, ensuring shipowners are rewarded for sustainable shipping efforts. The Cyprus SDM is a leading advocate for sustainable shipping. It believes broad and diverse measures are needed at both a global and regional level to achieve emissions reduction targets and a sustainable future for the industry. This includes the use of cleaner fuels, the deployment of the relevant fuel infrastructure, the electrification of ships, and the use of energy efficiency technologies. A combination of all of these options has the potential to improve the commercial and environmental sustainability of the sector, b

Vassilios demetriadesEuropean commissionCyprus shipping deputy ministryTonnage tax systemCollection systemShipping deputy ministryCyprus shipping deputy ministerMaritime europeCyprus shipping deputyஐரோப்பிய தரகுசைப்ரஸ் கப்பல் போக்குவரத்து துணை அமைச்சகம்சேகரிப்பு அமைப்புகப்பல் போக்குவரத்து துணை அமைச்சகம்சைப்ரஸ் கப்பல் போக்குவரத்து துணை அமைச்சர்கடல் யூரோப்சைப்ரஸ் கப்பல் போக்குவரத்து துணை