Transport Firms Reviewing UK-Registered Ships Ahead of Brexit
LONDON, Jan 30 (Reuters)– Sweden’s Stena as well as Bermuda- signed up Stolt-Nielsen are evaluating their UK-registered ships in advance of Britain’s separation from the European Union, both leading transportation firms informed Reuters independently onWednesday
“In the light of the Brexit process we are considering whether the UK flag can become a possible issue for us when it no longer will be an EU flag post the 29th March 2019, but we have taken no decisions and are reviewing different scenarios,” claimed Ian Hampton, primary individuals & & interactions policeman as well as Brexit agent for Stena Line.
A spokesperson for Stolt-Nielsen, which is detailed in Oslo, claimed the team was evaluating the circumstance.
Earlier this month, British ferryboat as well as delivery products driver P&O introduced it would certainly change the enrollment of its UK vessels to Cyprus in advance of Brexit, partly to maintain its tax obligation setups in the bloc.
Britain is because of leave the European Union on March 29. (Reporting by Jonathan Saul; Editing by Alison Williams)
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