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
CPIB investigators found three Trust Deeds allegedly linking Pacific Prime Trading Director to United Maritime, Sino International Shipping and Sino Tanker.
Oil tanker did not have insurance policy or financial security under LLMC Convention, stated authority.
Suspects include a Datuk Seri and three Datuks in RM27.5 million scam under Royal Gold, say Malaysia media.
HP 1484 bought oil cargo from a foreign ship with an unknown number at Dinh Vu port area, said Captain.
BNP Paribas, Unicredit, Vilma Oil, Sahara Energy Resource Limited, AOT Trading AG, and World Fuel Services among other litigants and banks involved in claim.
Suggests use of ISO 8217:2017 or MARPOL Annex VI for protection against fuel contamination while insisting on longer claim time bars from contractual suppliers.
‘We are here to transfer the extremely valuable knowledge gained over the past six years to the maritime sector, such that our customers are comfortable in the use of such biofuels,’ states CEO Olivier Baiwir.
Newly appointed Anthony Mollet speaks to Manifold Times about his role, vision, value proposition and plans for the Marine Fuels Alliance to become a wide-reaching and engaging bunkering industry association.
SFP will be retrofitting VPT’s existing bunker vessel with its Full Electric Ready (FER) system and seeks to commission the vessel in the second quarter of 2022, CEO of SFP George Lee tells Manifold Times.
Equatorial Marine Fuel Management Services, Oldendorff Carriers, Lloyd’s Register and organisers took part in a Bunker Quality Claims Webinar moderated by Manifold Times on 10 November.
‘Though it did introduce temporary commercial and operational disruptions, we took a constructive view of the situation and chose to use this event as a learning opportunity,’ shares a Consort Bunkers spokesperson.
Gealubes Consulting & Trading, the authorised marine business distributor of PANOLIN EALs at Singapore port, shares a two-part education series on Environmentally Acceptable Lubricants on Manifold Times.
30 Nov 2021
