Choose London and the UK

Why are London and the UK home to more international shipowners, operators and managers than any other location in the world? Why do the world's shipowners come to London and the UK to do business?

Could it be the unparalleled range of shipping expertise available? A business friendly tax regime? The advantage of doing business in an international city at the heart of the global financial system? A legal system which specialises in maritime matters?

Or is it just because there is simply no better place for shipping to do business?

UK tonnage tax regime

The UK tonnage tax regime provides an alternative way of calculating taxable profits of companies operating qualifying ships that are strategically and commercially managed in the UK. The tonnage tax system was introduced in 2000 to create a positive fiscal environment for international shipping based in the UK.