Singapore Aims to Incentivize Environmental Protection During Salvage Ops

May 4, 2020

A statement from a Singapore Ministry of Law spokesperson outlines details of  a Bill for read in Parliament today regarding maritime salvage:

The Singapore Ministry of Law will table the High Court (Admiralty Jurisdiction) (Amendment) Bill (“the Bill”) for First Reading in Parliament on 4 May 2020. The High Court (Admiralty Jurisdiction) Act is the primary legislation on admiralty jurisdiction in Singapore. 

The Bill will extend the Singapore High Court’s admiralty jurisdiction to special compensation claims arising from salvage operations which prevent or minimize environmental damage, even if the ship or its cargo are not saved. Salvors may hence enforce such special compensation claims by way of actions in rem (i.e. against a ship).

The Bill complements Singapore’s upcoming accession to the International Convention on Salvage, as well as earlier amendments to the Merchant Shipping Act. By placing special compensation claims on the same footing as traditional salvage claims, the Bill will incentivize salvors to protect the environment during salvage operations.

Logistics News

Missile Strikes Close to Livestock Carrier

Missile Strikes Close to Livestock Carrier

LNG Canada Produces First LNG for Export

LNG Canada Produces First LNG for Export

TOTE Promotes Hofeling, Crawford

TOTE Promotes Hofeling, Crawford

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Russian Yamal LNG Plant Ships First Cargo This Season Via Northern Sea Route

Subscribe for Maritime Logistics Professional E‑News

Minister says Turkey hopes to hold 5G auction in August
New Industrial Strategy to reduce energy costs for companies
After the US attack on Iran, airlines continue to avoid Middle East airspace