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

Port Nelson Deploys 5G Network

Port Nelson Deploys 5G Network

Port of Corpus Christi: Deep Water and Big Energy

Port of Corpus Christi: Deep Water and Big Energy

Western Russian Ports See Increase in Oil Exports in First Half of May

Western Russian Ports See Increase in Oil Exports in First Half of May

Cocoa Falls to Two-Week Low Alongside Sugar

Cocoa Falls to Two-Week Low Alongside Sugar

Subscribe for Maritime Logistics Professional E‑News

US House lawmakers propose a $130 annual EV charge to pay for road repair
Adani Group stocks rise after US drops fraud charges against Gautam Adani
ANSR CEO: Global centres in India are slowing hiring as AI reshapes the work.