Dual Licensing in the UAE: Key Tax Implications

The UAE, known for its wide range of business setup and growth opportunities, offers a dual licensing regime that plays an important role for businesses seeking to expand across multiple jurisdictions within the country. Dual…

The “Dark Fleet” Phenomenon: Risks for Charterers and Owners

In recent years, the so-called “dark fleet” has transformed the maritime landscape. This shadow network consists largely of old tankers in sanctioned trades, particularly involving Russian, Iranian, or Venezuelan oil. These vessels often use deceptive…