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SSG No 10 - Shipgaz

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J J uglAnd group<br />

SHIPPING AND SHIP MANAGEMENT<br />

<strong>No</strong>rwegian owners still have a commitment in the dry bulk trade, like Ugland Bulk’s Fermita.<br />

gapore, but concluded that the benefit of<br />

bringing the organization and the formal<br />

domicile together in Oslo would justify the<br />

move. Bergesen Worldwide, on the other<br />

hand, has taken the tax issue as a serious<br />

breach of confidence and has begun to<br />

move BW Gas to Bermuda location.<br />

New fixture...<br />

We are pleased to announce that we have fixed the<br />

“SuperFast IX” on a long term bareboat charter to<br />

Marine Atlantic in Canada.<br />

Visit us at RoRo 2008, stand D<strong>10</strong>!<br />

The obvious question is: How reliable is<br />

the new <strong>No</strong>rwegian set of conditions?<br />

For one thing, it is based on political<br />

consensus. The 1996 shipping tax scheme<br />

was always controversial, as was the tax<br />

refund scheme for seafarers. <strong>No</strong>w, twelve<br />

years hence, there seems to be a general<br />

New office...<br />

political understanding of the nature and<br />

importance of the maritime industries. The<br />

only question might be whether the politicians<br />

will manage to leave the policy alone<br />

without eroding the conditions, as done<br />

with the 1996 whitebook.<br />

It is also positive that the whitebook<br />

focuses on maritime competence and takes<br />

certain steps to strengthen recruitment and<br />

education. But only a vibrant and peoplefocused<br />

industry can attract young people.<br />

Invest in human talent<br />

In a wider context the recent boom appears<br />

to have strengthened the shipping industry<br />

in two vital respects:<br />

One is the acceptance of the fact that<br />

shipping companies need to invest in<br />

human talent and take responsibility for<br />

grooming maritime competence.<br />

The second is a renewed commitment<br />

to shipping and offshore operations. This<br />

not only goes for investment in new ships<br />

but also for the breeding of new ventures,<br />

helped by access to equity and eager banks.<br />

In short, a time of promises as economic<br />

woe gather at the horizon.<br />

dag bakka jr<br />

After some ten years at our current address we’re moving on<br />

to, and into, our latest acquisition - our own office building at<br />

Klippan 3 overlooking the Gothenburg harbour approach.<br />

chartering consultancy sale & purchase newbuilding valuations<br />

BRAX SHIPPING<br />

www.braxship.com +46 31 18 32 00 brokers@braxship.com<br />

SuperFast IX - 3.5.indd 1 2008-05-05 13:04:03<br />

68 SCANDINAVIAN SHIPPING GAZETTE • MAY 16, 2008

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