Image Courtesy: Maersk
Danish shipping giant Maersk plans to reflag UK vessels and end training of cadets in advance of Britain leaving the European Union in March, maritime trade union Nautilus said. 
As informed, the company decided to take its remaining vessels off the UK Ship Register, exit the UK Tonnage Tax and end the training of UK cadets.
This decision “will have a serious impact on seafarers jobs and the stability of the UK industry”, Nautilus has warned.
Europe’s largest shipping company is following in the footsteps of P&O which last weeks announced it was reflagging all its short sea vessels to Cyprus due to Brexit uncertainty and the desire for its ships to be flagged in an EU member state.
More to follow…
-Source: worldmaritimenews.com