Thursday, January 30, 2025

Baltic Sea shipping tax could pay for undersea cable protection, says Estonian minister

Shipping firms may need to pay a fee to use the Baltic Sea, one of the world’s busiest shipping routes, in order to cover the high costs of protecting undersea cables, Estonia’s defence minister said on Wednesday following a spate of breaches.

NATO said last week it would deploy frigates, patrol aircraft and drones in the Baltic Sea after a series of incidents where ships have damaged power and communications cables with their anchors in acts of suspected sabotage.

In addition to the patrols, Defence Minister Hanno Pevkur said countries are weighing other measures to protect cables, including installing sensors to detect anchors dragged across the sea floor or constructing casings or walls around the cables.

But this will come at a cost, and whether countries or cable operators end up paying for it, consumers may be left ultimately footing the bill through higher taxes or utility costs.

Another option, Pevkur said, is levying a tax on vessels that sail through the Baltic Sea, that is bordered by eight NATO countries and Russia.

Get More Info : Cruise Ship Jobs

Best Sea Jobs

Shore Jobs In Shipping

Maritime Crew

Crewing Assistance

Merchant Navy Jobs

Merchant Marine Jobs



No comments:

Post a Comment

India looks to tap Canada to meet growing appetite for crude, LPG, LNG

India’s growing appetite for crude oil, LPG and LNG offers opportunities to expand energy purchases from Canada, while Indian refiners will ...