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11-10-2017 Madeira's IBC intensive promotional activity till the end of 2017... In the last quarter of the year, S.D.M. will conduct promotional missions to six more countries to...

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11-10-2017 MAR continues to show a positive growth trend... The continuous and positive growth of companies in the International Business Centre of Madeira is also...

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11-10-2017 Licensing of new companies keeps growing Between January and the end of July, 121 new companies were set up within the International Business...

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23-10-2015 MSC registers vessels in MAR MSC - the Mediterrenean Shipping Company, the second largest shipping company in the world and whose...

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22-09-2015 MAR with better conditions to compete internationally The amendments to the legal framework of the International Shipping Register of Madeira - MAR recently...

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15-07-2015 MAR with more competitive fees Recently, the Regional Government of Madeira approved various measures to strengthen and enhance the...

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MAR with more competitive fees

Recently, the Regional Government of Madeira approved various measures to strengthen and enhance the competitiveness and attractiveness of the International Shipping Register of Madeira (MAR), among shipowners and international operators.

One of the approved measures is the reduction of the registration fees in order to make MAR more attractive for the registration of larger vessels, since they may represent more revenues as well as multiplying effects on the regional economy.

In addition, a reduction of the annual fee was introduced, more specifically 50% of the annual amount, which will be applicable to shipowners with 30 or more vessels registered. The objective of this measure is to encourage the registration of fleets.

Such measures, recently published in the Official Journal of the Autonomous Region of Madeira, are the result of a thorough and careful market analysis by SDM, having in mind the development of MAR and the International Business Centre of Madeira as a whole.

 

Order nr. 134/92 - which establishes the fees applicable to commercial ships registered in MAR.

 

 

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