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The EU ETS is limited by a 'cap' on the number of emission allowances. Within the cap, companies receive or buy emission allowances, which they can trade as needed. The cap decreases every year, ensuring that total emissions fall.
Each allowance gives the holder the right to emit:
There are a number of great resources on the regulatory and practical aspects of the system – none better than the EU’s own:
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02003L0087-20230605
https://climate.ec.europa.eu/eu-action/transport/reducing-emissions-shipping-sector_en
https://climate.ec.europa.eu/eu-action/eu-emissions-trading-system-eu-ets/what-eu-ets_en
Sayın İlgili,
28 Mayıs 2009 tarihinde Skuld web sitesinde yayınlanan Lay-up prosedürü hakkındaki sirküler ve ekini burada bulabilirsiniz.
LAY-UP
Requirements for Lay-up of entered Vessels
“Simplified Lay-up Guidelines”
Skuld will reduce or return premium for vessels properly laid-up if they meet the criteria set out in the Rules.
Vessels properly laid-up constitute a lower risk and may therefore be entitled to a lay-up return. Skuld Rule 4.7 regulates lay-up of vessels entered for P&I. In general, Skuld will only grant lay-up return for mutual P&I entries. No return will be provided for smaller vessels (less than 200 GT) or vessels of certain types where this is already considered in the assessment of the risk.
CONSIDERATIONS
The lay-up return, or the lay-up premium, will depend on the following:
• Duration of lay-up: Minimum 30 consecutive days
• Arrangements: A lay-up Declaration issued by a class society or other organisation approved by Skuld is required
• Site: The site has to be pre-approved by Skuld
• Safety issues: Watchmen, bilge and fire alarms. Local services in case of emergency
• Cold or warm lay-up: A warm lay-up will probably require more personnel on board which increases the exposure and may not warrant a lay-up return. A Cold lay-up will require a lay-up declaration.
• The vessel to maintain class during lay-up
Skuld will individually assess each situation and decide on the terms.
RISKS
The reduced risk under the P&I cover is mainly that a number of risk elements are limited. Therefore the main principles are:
• No cargo
• No fuel on board - but for safety requirements, or as per agreement
• No crew on board - but for required security and maintenance
• The vessel to remain in class and follow class recommendations as well as to adhere to rules and regulations applicable at the lay-up site
PREMIUM AND SURVEYS
The minimum lay-up period to be entitled to a return of premium is as per the rules 30 days. A claim for return premium has to be made latest three months after the lay-up period has ended or three months after the Policy year has ended.
A vessel permanently laid-up may at inception of the policy year be insured on lay-up conditions. The terms will be subject to that the vessel is laid-up and that the risk is not changing under the period.
Kindly observe that there are no returns or reductions for overspill calls (Rule 4.7.1)
For all lay-up periods exceeding six months, Skuld shall have the possibility to survey the ship prior to re-enter into trade. Therefore the member has an obligation to inform Skuld preferably 30 days prior to the scheduled re-commissioning of the vessel or latest when the decision of re-commissioning is taken.
Skuld will assess each risk individually and Members are advised to contact their underwriter for assessment and calculation of lay-up return or a lay-up premium.
LAY-UP GUIDELINES
Please see “Simplified Lay-up Guidelines” . These give a general description of the requirements for lay-up. Members are, however, advised to contact their classification society for a full set of lay-up requirements.
