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

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Hormuz Disruption Drives Panama Canal Transits

Hormuz Disruption Drives Panama Canal Transits

Jotun's Hull Skating Solutions Receives DNV Verification

Jotun's Hull Skating Solutions Receives DNV Verification

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Rio Tinto Ships Eight Billionth Tonne of Iron Ore from the Pilbara

Subscribe for Maritime Logistics Professional E‑News

Waymo suspends Atlanta operations and freeway rides amid safety fixes
Kenyan public transport operators end their strike after the government reduces diesel prices
US maintains Dakota Access pipeline with stricter environmental checks