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Exclusive: Baltic Sea shipping tax could pay for undersea cable protection, says Estonian minister
Shipping firms may need to pay a fee to use the Baltic Sea, one of the world's busiest shipping routes, in order to cover the high costs of protecting undersea cables, Estonia's defence minister said on Wednesday following a spate of breaches.
A Bulgarian shipping company denies its vessel sabotaged a Baltic Sea cable
A Bulgarian shipping company on Monday denied that one of its ships had intentionally damaged an underwater fiber optic cable connecting Latvia and the Swedish island of Gotland.
Ships face new tax to sail through Baltic Sea to protect underwater cables from Putin sabotage
Shipping firms may need to pay a tax to use the Baltic Sea to fund costly protection for underwater cables, says Estonia’s defence minister. Hanno Pevkur said the move may be needed after a series of incidents where vessels allegedly linked to Russia’s “shadow fleet” have damaged power and communications cables with their anchors in acts of suspected sabotage by Vladimir Putin ’s regime.
Why Estonia is proposing tax on ships to fund Baltic Sea cable protection?
Estonia’s defence minister proposed on Wednesday that shipping companies may have to pay a fee to use the Baltic Sea, one of the world’s busiest shipping routes, to cover the high costs of protecting undersea cables following a series of breaches,
4h
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Hub-And-Spoke Routing Comes To Container Shipping
Hub-and-spoke routing is not the norm in container shipping, but Maersk and Hapag-Lloyd are rolling out this approach ...
Impacts
4d
What is Expedited Shipping, and Why is it Getting Popular?
People expect fast Shipping for everything from the most straightforward necessities to critical business equipment. Growing ...
7d
on MSN
What does ship/shipping mean? What to know about the popular slang
“Shipping” tends to involve fans imagining beyond the actual events of a television series or movie. The term is closely ...
4d
French shipping giant CMA CGM to keep avoiding Red Sea
French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more ...
Droid Life
17h
Galaxy S25 Ultra Pre-Orders Shipping Super Early
When you click that button to finalize your pre-order of a new Samsung phone, you are given the date that Samsung expects it ...
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10h
Shipping and banking experts share tricks to prevent you from getting scammed
Before making any unfamiliar financial decisions or parting with money, it is always advisable to consult with a trusted ...
13h
on MSN
Samsung Galaxy S25 preorders are shipping sooner than expected
Besides the US, Galaxy S25 customers in the UK and Middle East report their shipment status changing to being shipped for a ...
Impacts
3d
Mistakes That Cost Businesses Time in Shipping
Shipping is a core component of commerce that deeply influences customer satisfaction and operational success. When ...
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