net tonnage


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Related to net tonnage: Deadweight tonnage, net tons

net tonnage

[′net ′tən·ij]
(naval architecture)
The volume of the interior of a ship measured in tons (100 cubic feet or approximately 2.8317 cubic meters per ton), excluding the space occupied by fuel, the engine room, navigation machinery, and the crew's quarters.
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Rates * For 2000 the tax on net tonnage is levied as follows: Tax per days per Net tonnages (tonnes) 1 000 tonnes (NOK) Up to l 000 0 1 001-10 000 72 10 001-25 000 48 Over 25 000 24
Additionally, total transits and net tonnage decreased slightly.
Under the system, shipping companies may opt for a flat-rate taxable base calculated on the net tonnage of their fleet instead of the normally applicable corporate income tax.
The total number of ships passing through the Suez Canal in April recorded 1,443 ships with net tonnage marking 81,586 tonnes, according to the Suez Canal Authority's official statistics.
5 billion, spurred by the rise in the number of transiting ships and in net tonnage.
They could opt for a tonnage tax based on the net tonnage of their fleet, in place of the usual corporation tax levied on the profits derived from their maritime activities.
The SCA also reported the net tonnage passing through as 9.