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

Chicago Soybeans Futures Fall During Competition with Brazilian Exports

Chicago Soybeans Futures Fall During Competition with Brazilian Exports

Shipbuilding: DHT Accepts New VLCC

Shipbuilding: DHT Accepts New VLCC

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Subscribe for Maritime Logistics Professional E‑News

Three children among the four injured in Russian attack on Odesa
Trump's next target in Washington? Public golf courses
Ukraine drone attack damages port, gas pipeline in Tuapse, Russia says