PARLIAMENTARY WRITTEN QUESTION
(16 December 2024)

To ask the Secretary of State for Transport, if she will make an estimate of the number of (a) company groups that have been entered into the Tonnage Tax scheme and (b) vessels entered into the scheme by those company groups in each year since 2000; and what flags of registration those companies flew.

Asked by:
Karl Turner (Labour)

The Department does not maintain cumulative records of all companies that have participated in the Tonnage Tax system, as there is no business requirement to do so. The training obligation is assessed annually. However, we can provide the most recent figures as of 1 October 2024.

Currently, there are 82 companies participating in the Tonnage Tax scheme, encompassing 870 ships, 331 of which are UK-flagged. Additionally, 35 companies are recorded as having exited the scheme.

Excluding the 331 ships registered in the UK, other ships in the scheme are registered under the following flags:

· Cyprus:6

· Denmark: 16

· Finland: 3

· Italy: 1

· Malta: 43

· Netherlands: 2

· Norway: 9

· Portugal: 6

· Spain: 1

· Antigua and Barbuda: 6

· Bahamas: 99

· Bermuda: 8

· Brazil: 3

· Cayman Islands: 1

· Gibraltar: 8

· Hong Kong: 16

· Isle of Man: 44

· Liberia: 161

· Madeira: 10

· Marshall Islands: 49

· Panama: 30

· St. Vincent: 1

· Singapore: 15

· USA: 1

Answered by:
()

1 January 1970