Ports of Stockholm introduces LNG discount

To drive development towards more sustainable shipping, Ports of Stockholm is introducing new environmentally differentiated fees for shipping companies. In conjunction with the new sulfur regulations in effect from 1 January 2015, the existing discounts for reduced sulfur levels will no longer apply. As a result, the current system is being revised and new discounts introduced.

Comments

Commenting on the reasons for the change, Ports of Stockholm Deputy Managing Director, Henrik Widerståhl, said: “To motivate and encourage our customers to reduce their environmental impact we are introducing new environmental discounts for onshore power supply in port, for LNG vessels, and for reduced nitrogen oxide emissions.”

Discounts

The following discounts will apply from 1 January 2015:

• Ports of Stockholm will offer one million SEK to every vessel that carries out refitting work to enable the vessel to connect to electricity at the quayside.
• The port fee for LNG vessels will be discounted by 5 öre per unit of gross tonnage. This means discount of more than one million SEK annually per vessel (operating a daily call service) and can, in combination with the nitrogen oxide discount, give a total rebate of 30% per call.

The discount for reduced emission of nitrogen oxide will be raised and will follow the seven-level scale applied by the Swedish Maritime Administration. For a normal-sized vessel operating daily calls, this will mean a discount of between 3-4 million SEK annually, depending on the amount of nitrogen oxide emitted.

Adapted from press release by Katie Woodward

Read the article online at: https://www.lngindustry.com/lng-shipping/09122014/ports-of-stockholm-offers-lng-vessels-discount-1932/