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    <title>Computation of deemed tonnage</title>
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    <description>Deemed tonnage under the tonnage tax scheme is prescribed for slot purchase, slot charter and sharing of break-bulk vessels. For slot arrangements, 2.5 TEU equals 1 net tonnage. For break-bulk vessel sharing, deemed tonnage is computed at 19 cubic metres equals 1 net tonnage where cargo is volume-restricted, and 14 metric tons equals 1 net tonnage where cargo is weight-restricted.</description>
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    <pubDate>Sat, 19 Jan 2008 22:45:54 +0530</pubDate>
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      <title>Computation of deemed tonnage</title>
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      <description>Deemed tonnage under the tonnage tax scheme is prescribed for slot purchase, slot charter and sharing of break-bulk vessels. For slot arrangements, 2.5 TEU equals 1 net tonnage. For break-bulk vessel sharing, deemed tonnage is computed at 19 cubic metres equals 1 net tonnage where cargo is volume-restricted, and 14 metric tons equals 1 net tonnage where cargo is weight-restricted.</description>
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