Well-placed sources have told TradeWinds the UK Treasury may soon call a snap budget in which amendments to the UK tonnage tax could feature.
The UK Secretary of State for Transport, Chris Grayling, is said to be keen to make improvements to the regime.
Others within the Department for Transport (DfT) are said to be pushing for reforms that are more radical than those recommended in a review conducted by DfT, the UK Chamber of Shipping, UK Ship Register, HM Treasury and HM Revenue & Customs.
