31 Jul 2015 / Australia, all ports

Reforms to coastal trading regime announced

In its budget this week, Australia's Federal government announced reforms for foreign-flagged vessels operating in the country's waters. The new measures appear to revert to something similar to the earlier pre-2012 coastal trading system. In the Budget Paper No 2, Part 2: Expense Measures under the sub-headings "Infrastructure and Regional Development" and "Coastal Shipping Reform", the government announced: - the introduction of a single Coastal Trading Permit for all ships to replace the current tiered system; - amending legislation to allow the carriage of petroleum products; - applying a minimum Australian senior crewing requirement for foreign ships remaining on the coast for more than 183 days in a permit period; - reducing monthly trade reporting requirements to annual reporting; - removing exemptions for large ships from the Coastal Trading Permit requirements; - better aligning employment conditions for ships based in Australia with international standards; and - making amendments to the Australian International Shipping Register to improve competition among foreign-flagged ships. For information about operations in Australia contact GAC Australia at [email protected]

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