%0 Journal Article
%T The ¡°Modern Greek Maritime Policy¡±, 1953-2018: A Critical Review of Its Legal, Economic and Institutional Framework
%A Alexandros M. Goulielmos
%J Modern Economy
%P 1190-1212
%@ 2152-7261
%D 2018
%I Scientific Research Publishing
%R 10.4236/me.2018.97078
%X We showed analytically the legal framework, which
Greek flag administration established since 01/01/1953 with the long celebrated
law of 2687/1953 for ships greater than 1500 GRT. All Greeks believe that this
institutional framework contributed a lot to the expansion of Greek-flagged
shipping. We also presented the tonnage tax payable by a Greek-flagged ship,
with suggestions to modify it in a more proper manner. We dissolved the myth
that Greek flag is a quasi or a flag-of-convenience, where ships do not pay
taxes. We have stressed a number of facts: 1) the role that a Government plays
vis-¨¤-vis national shipping; 2) the freedom of actions which shipping needs; 3)
the best legal framework required by shipping: in having permanency, being
expandable as time goes<span style=\"font-family:;\" \"=\"\"> </span><span style=\"font-family:Verdana;\">by,
protected by country¡¯s constitution, modified to provide more favorable terms
and all these are legislated by 2 ministers outside parliament in a fast way to
be ahead of any shipping crisis like that in 1981-1987.</span><span style=\"font-family:;\" \"=\"\"> </span><span style=\"font-family:Verdana;\">Law 2687 and ¡°the ship registration approval action¡±
are the products of a long traumatic experience¡ªexcept </span><span style=\"font-family:Verdana;\">in </span><span style=\"font-family:Verdana;\">1946¡ªthat Greek-flagged shipping had since 1830 from
various governments¡ªincluding that of El. Venizelos¡ªand from 2 world wars.</span>
%K Greek Flag Legal Framework
%K Law 2687/1953 Article 13
%K Law 27/1975 and 1376/1983
%K Tonnage Taxation
%K Ship Approval Registration Action-Terms and Conditions till Early 2018
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=86109