Ministry invites ships to sail under Estonian flag

As of next year, the Ministry of Economics wants to start giving tax advantages to ships sailing under the Estonian flag. The ministry’s plan concerns those ships and ship companies that operate in the international market, for example Tallink and owners of trade vessels will receive tax abatements. At the same time, Saaremaa Shipping Company’s ferryboats, which sail between Estonia's islands and the mainland, would not receive abatements.