15 Mar 23 Chamber reacts to Budget 2023 and opening of Tonnage Tax election window Following the Chancellor’s Budget the UK Chamber of Shipping has reacted to the news that from June 2023 for the first time in nearly 18 years an election window for UK Tonnage Tax will open, allowing companies to enter the regime. From April 2024 third party ship managers will also be allows to join. A UK Chamber of Shipping Spokesperson said:“Tonnage Tax in the UK supports over 50,000 jobs in the shipping sector and hundreds of millions of pounds of tax revenue. The opening of an election window, for the first time in nearly two decades, alongside the ability for third party ship management companies to join is welcome news and will provide companies with a long overdue opportunity to join.“To ensure our Tonnage Tax regime is world leading, attracting further jobs and investment into the UK, we do need to see further reform including greater flexibility around how companies are able to opt into the regime.” Further information is available in the Budget documents on pages 87-88. Share:
24 Apr 2025 An update from our Charity Members The UK Chamber of Shipping is very proud of all of its Charity Members who do such amazing work in the UK and across the world, and you can find here an overview of activity and appeals from these members. Read more News
25 Mar 2025 UK Chamber Responds to the Maritime Decarbonisation Strategy The UK Chamber of Shipping has responded to the publication of a new Maritime Decarbonisation Strategy for the UK maritime sector. The Strategy, announced by the Department for Transport on 25 March sets out the Government goals to reduce greenhouse gas emissions by 30% by 2030, 80% by 2040 and to zero by 2050. Read more News
11 Mar 2025 UK Chamber statement on incident in the North Sea The UK Chamber of Shipping has released the following statement in response to the incident in the North Sea on the 10th of March involving the Stena Immaculate and the Solong, a vessel operating under the Portuguese flag. Read more News