Maritime Singapore Green Pledge attracts 20 more companies

The 20 companies include shipping lines, salvage companies and offshore service providers.

Some of the 20 companies include Ezra Holdings, Maersk Tankers Singapore, Pacific Radiance, PSA Marine, Stolt-Nielsen Singapore, Swire Pacific Offshore Operations, The China Navigation, and J. Lauritzen Singapore.

A total of 60 organisations have signed the pledge since 2011 when the programme was launched.

The Maritime Singapore Green Initiative comprises three programmes – Green Ship Programme, Green Port Programme and Green Technology Programme.

Meanwhile, Lam Yi Young, chief executive of Maritime and Port Authority of Singapore (MPA), said that starting from 1 January 2014, the Singapore Registry of Ships will introduce a new Annual Administrative Fee scheme to provide greater administrative convenience and lower transaction costs for owners of Singapore-flagged ships.

Under this scheme, shipowners will have the option of paying an annual fee of SGD600 ($478) per ship instead of making payments on a per transaction basis. The majority of shipowners will pay less in total fees if they opt for the Annual Administrative Fee scheme.