The Government of Sweden has decided to issue an “environmental sanction fee” as a punishment to shipping firms which violate the global sulphur cap for marine fuels, it says.
The penalty fee for first offenders will start from between SEK 5,000 (USD $570) to SEK 500,000; the size of the fine will depend on the engine's power and the sulphur content of the fuel – the higher the engine power and the sulphur content, the higher the penalty.
If an environmental sanction fee has been decided for an infringement, and the violation continues or repeated, a fee twice the amount will be paid. In other words, the fee can be as high as SEK 1,000,000.
There are “strong economic incentives” for commercial shipping firms to violate the rules on maximum sulphur content in marine fuel, says the government.
The cost of high sulphur fuel is significantly lower than more environmentally friendly fuel with low sulphur content, and an effective sanction system helps to protect human health and the environment by reducing sulphur oxide emissions. It also ensures competition neutrality.
“Through this reform, regulatory authorities can decide on effective and sensible measures against those who flee with marine fuel,” says Environmental Minister Karolina Skog.
“My hope is that this will lead to reduced emissions from commercial shipping and better competitive conditions.”
Photo credit: Kristian Pohl/Regeringskansliet
Published: 6 June, 2018
Cai Zhi Zhong received a total of about USD 1.3m to USD 1.6m, of which he saved a portion and spent the rest, including on property, cars and watches, according to court documents obtained by Manifold Times.
The Abbas was delivering MGO to SafMarine Chilka at the Port of Tanjung Pelepas on Wednesday morning when authorities showed up for investigations.
Copies of the notice of the meeting on 12 January 2023 have been circulated to the contributories of the Company by post and/ or email, according to recent Government Gazette notice.
Creditors, whose debts or claims have not already been admitted, are advised to submit particulars of their claims to Deloitte Singapore on or before 27 February.
Creditors to receive an update on the liquidation of the firms, and to receive an account of the liquidators’ acts and dealings, and of the conduct of winding up.
Effective June 30, 2019 the U.S. Environmental Protection Agency (EPA) will stop accepting FONARs.
Transferred shares of 40 subsidiaries to BVI firm after tribunal awarded claims in favour of Trinity Seatrading; YSPL has also filed a civil complaint against DNV and Liberian ship registry at Nanjing Maritime Court.
ADNOC L&S, Gulf Energy Maritime, Cockett Marine Oil, Mideast/Bahri Ship Management and VPS experts present their views on biofuel bunker hurdles at the VPS Biofuels Seminar in Dubai on 16 March.
‘Bunker barges operate in very local areas so these vessels call at port very often which means it will be a good fit for women with families,’ states Elpi Petraki, President of WISTA International.
“Our Singapore branch is under preparation and is expected to start business at the republic before June 2023,” Managing Director Darcy Wong tells bunkering publication Manifold Times in an interview.
Development to supply B35 biodiesel blend officially takes effect on 1 February; local bunker suppliers will be able to deliver updated spec within March onwards, once current stocks of B30 avails run out.
VPS, Global Centre for Maritime Decarbonisation, Wilhelmsen Ship Management, and INTERTANKO executives offered a multitude of perspectives to 73 attendees during the VPS Biofuels Seminar, reports Manifold Times.
