• 2019 May 16 12:44

    Finland to deposit its instrument of accession to HNS Convention after major countries receiving hazardous substances accept it

    The Ministry of Transport and Communications of Finland says it has circulated for public commenting proposals for acts under which Finland would adopt the Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea (HNS Convention). The adoption of the Convention would increase shipowners’ liability for the carriage of hazardous and noxious substances by sea and ensure that persons suffering damages are compensated more promptly and effectively.

    The HNS Convention contains provisions on liability and compensation related to the carriage of hazardous and noxious substances by sea. The basic principle of the Convention is that strict liability for

    any damage is primarily carried by the owner of the ship, who is required to maintain insurance to cover this liability. The owner’s liability under the Convention has a maximum limit, however. The HNS Convention follows the same principles as, for example, international conventions on oil pollution damage.

    The owner’s liability is complemented by the international HNS Fund to be established under the Convention. The purpose of this fund is to provide compensation for any damage to the extent that the maximum limit of the owner’s liability is inadequate to compensate for it. The operation of the Fund is to be financed through contributions collected from receivers of hazardous and noxious substances operating in the State Parties.

    The adoption of the Convention would increase the owner’s liability in case of damage. Currently, liability is fault based, and the maximum amounts are considerably lower than those set in the Convention. Through the HNS Fund, the receivers of hazardous and noxious substances in the State Parties would also participate in compensating for the damage in situations where the owner’s liability would be inadequate to do so.

    The duty to pay contributions would concern some 20 receivers of hazardous substances in Finland.

    The Ministry of Transport and Communications circulated the draft amendment to the Maritime Act and draft acts bringing the HNS Convention into force for public commenting on 13 May 2019.

    Statements on the legislative amendments and the proposal for adopting the Convention can be submitted until 7 June 2019. Statements may be submitted by all organisations and citizens at www.lausuntopalvelu.fi. After the round of statements, the legislative drafting will be continued by public officials.

    The Ministry will monitor the international situation of State Parties adopting and acceding to the Convention. Finland only intends to deposit its instrument of accession after a number of major countries receiving hazardous substances have accepted the Convention. This would ensure that the contributions would not be an excessive burden for Finnish companies in case of an accident.

    The HNS Convention is a treaty negotiated in the International Maritime Organization (IMO) and partly within the EU’s competence. Where possible, EU Member States should adopt the Convention no later than 6 May 2021. The Convention will enter into force once at least twelve states have expressed their consent to be bound by it.




2019 June 17

18:24 USCG saves six people, tows disabled vessel in Port Etches
17:59 Denis Krylov appointed General Director of Gazpromneft-Sakhalin
17:28 China and South Korea agree on ballast water exchange rules
17:04 Mermaid Maritime borrows a loan of USD 65 mln to extend the financing of two vessels
16:41 Neptune Lines welcomes Neptune Galene & Neptune Thalassa after scrubber installation
16:23 DG Termināls invests about 1 million euros during the year
16:17 Finnish ferry getting a diesel-electrical drivetrain system
16:04 MSC Katya R. sets record as largest container ship to boost Costa Rican export links to Europe
15:45 Singapore to host 18th Vessel Efficiency & Fuel Management Summit
15:26 Onezhsky Shipyard launches multifunctional buoy tender for Volga-Baltic Basin
15:04 Hunter Group sells one vessel
14:42 Gdansk, Poland to host 6th Operating Specialist Wind Vessels Summit
14:19 Seatrade Europe conference programme to include Marine Interiors specialist panel discussions
14:12 ClassNK releases amendments to class rules
13:55 Finland hosts an EU–China maritime meeting
13:31 AWT completed stage III of modernization and expansion of the Paskov Terminal
13:24 Average wholesale prices for М-100 HFO down to RUB 16,007 in RF spot market
13:10 The Irish Port of Cork and Port of Amsterdam to collaborate
12:48 Pella Shipyard launches tugboat of project 90600, Sadko, built for Sevmash-Shelf (video)
12:31 Port of Oakland exports up 8.4 percent in May 2019
12:01 North Carolina Ports adopts Vortex port equipment simulator
11:30 MEYER WERFT announces the keel laying for the new cruise ship IONA
11:15 Throughput of port Shanghai (China) in Jan-May’19 declined by 1.3% to 225.91 million tonnes
11:00 Panama Canal issues proposal to modify tolls structure
10:59 Bunker sales at the port of Singapore in Jan-May’2019 fell by 7.7% Y-o-Y to 19.79 million tonnes
10:37 Fincantieri's Muggiano shipyard launches PPA “Paolo Thaon di Revel”
10:21 CMA CGM announces FAK rates from Asia to the Mediterranean
10:01 Brent Crude futures price is up 0.26% to $62.17, Light Sweet Crude – up 0.19% to $52.87
09:38 Port of Singapore throughput in Jan-May’2019 was nearly flat YoY at 261.39 million tonnes
09:19 Diana Shipping commences self tender offer to purchase up to 2,000,000 shares
09:16 MABUX: Bunker market this morning, June 17
09:10 Baltic Dry Index is up to 1,085 points

2019 June 16

17:13 DC area agencies to conduct mass rescue exercise off National Harbor
16:05 Boskalis appointed as salvor for both damaged tankers in the Gulf of Oman
15:53 Fincantieri and Naval Group sign a joint venture agreement
13:47 Diana Shipping Inc. announces the sale of a Panamax dry bulk vessel, the MV Thetis
12:47 WSC unveils its hybrid patrol vessel at Seawork 2019
11:41 GasLog Partners LP announces new multi-year charter agreement with Gunvor

2019 June 15

15:44 Wight Shipyard rolls out its new windfarm support vessel concept at Seawork Int'l 2019
13:17 Malta Freeport hosts its first LNG-powered container ship
12:53 Petrobras closes the sale of TAG
11:41 USCG, local partners respond to sailing vessel aground off Magic Island
08:43 Vessel training simulation underway at Tema Port’s new Terminal 3

2019 June 14

18:05 Ole Martin Grimsrud appointed CFO of Aker Solutions
17:44 USCG Cordova FOL crew saves man stranded for three days on Montague Island
17:05 Knud E. Hansen wins two separate contracts for innovative large RoRo vessels
16:41 Hapag-Lloyd to increase rates from North East Asia to Australia
16:26 Murmansk Sea Fishing Port handled 90,300 tonnes of cargo in Jan-May’2019, down 38.7% Y-o-Y
16:05 CMA CGM announces GRR from Asia to South Africa
15:14 “K” Line receives recognition for vessel speed reduction programs in the West Coast of North America
15:00 UK maritime industry leaders debate decarbonization, digital technologies and the future of safety at the annual ABS UK National Committee meeting
14:00 China Railway Container Transport signs strategic cooperation agreement with SITC International Holdings
13:38 Container throughput of Vladivostok Sea Fishing Port in 5M’2019 up 39% YoY to 89,649 TEUs
13:09 Algoma increases its interest in in the CSL International Pool
12:41 Port of Klaipeda (Lithuania) handled 19.77 million tonnes of cargo in 5M’2019, up 8.5% Y-o-Y
12:09 Global Ship Lease announces new charter agreements
11:32 Bunker prices continue going down at the port of Saint-Petersburg, Russia (graph)
11:09 ECSA issues statement on suspected attack on two oil tankers in the Gulf of Oman
10:51 France signs up to fishing vessel training treaty
10:30 Zhatai Shipyard to let build up to 10 river ships and scrap at least two ships per year