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

Sentinel Midstream to Begin Building Texas Deepwater Oil Export Port

Sentinel Midstream to Begin Building Texas Deepwater Oil Export Port

Trump Pauses Effort to Escort Ships in Strait of Hormuz

Trump Pauses Effort to Escort Ships in Strait of Hormuz

Chicago Grain Futures Ease Alongside Crude Oil

Chicago Grain Futures Ease Alongside Crude Oil

Call Opens for Startups to Participate in the 6th Valenciaport Hackathon

Call Opens for Startups to Participate in the 6th Valenciaport Hackathon

Subscribe for Maritime Logistics Professional E‑News

ITA Airways will raise ticket prices but not reduce flights due to fuel costs
What is the hantavirus which killed three passengers on a cruise ship?
Rubio: Ten civilian sailors died in the Strait of Hormuz