In a bid to improve shipping safety and security services, the Minister of Transportation (“ Minister ”) has issued Regulation No. PM 27 of 2022 on the Third Amendment (“ Third Amendment ”) to Regulation of the Minister No. PM 71 of 2013 on Salvage and/or Underwater Work (“ Regulation 71/2013 ”). [1] In essence, the Third Amendment adjusts various provisions originally set out under Regulation 71/2013, specifically as they relate to:
Minister of Transportation Further Clarifies Wreckage Removal Risk Assessment and Insurance Obligations for Vessel Owners
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