Author name: admin

Coal trade reshaped by Asian demand

China, the behemoth of global coal trade, continues to defy trade expectations, according to the International Energy Administration’s Coal Mid-Year Update. Despite brimming stockpiles, the nation’s coal imports surged by 12% in the first half of 2024. While a slowdown is anticipated for the remainder of the year, China’s insatiable appetite has far-reaching implications for …

Coal trade reshaped by Asian demand Read More »

Bermuda Corporate Income Tax and the Shipping Income Exclusion

In a landmark move on 27 December 2023 the Bermuda Government took a significant step by adopting the Corporate Income Tax Act 2023 (the “CIT Act”), a pivotal piece of legislation that promises to reshape the island’s financial landscape. The new legislation applies to Bermuda tax resident entities and Bermuda permanent establishments that are part …

Bermuda Corporate Income Tax and the Shipping Income Exclusion Read More »

Scroll to Top