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
The Singapore-registered oil tanker was detained 26 nautical miles north of Penang Island while anchoring.
Vessel was discovered 110 nautical miles from the Tok Bali Estuary on 18 March and the Captain was unable to produce any identification documents, said MMEA.
Vessel KG 95395 TS was found carrying 30,000 litres of undocumented diesel oil and had transferred about 4,000 litres to KG 95395 TS.
To protect against legal challenges from other parties while Brightoil undergoes restructuring.
Special ops will be conducted using helicopters to communicate with any illegal foreign vessels; targets will then have four hours to remove itself from Malaysian waters.
Seeks approximately USD 1.3 million due to losses from tanker transporting 95,000 bbl gasoil cargo breaking down twice while en route from Malaysia to The Philippines.
The bank is filing an application for pre-action discovery at the High Court of the Republic of Singapore in order to ascertain its future direction of proceedings against Sinfeng, according to court documents.
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
