Independent journal on economy and transport policy
04:24 GMT+1
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A measure by the government in Bern to avert the effects of a downgrade of the Swiss maritime flag
If blacklisted, Swiss ships will be able to operate under a foreign flag
September 11, 2020
The Federal Council recalled that the downgrade would apply throughout Europe, extending to Russia and Canada, and would penalize all ships flying the flag Switzerland with extremely negative repercussions. The shipowners -- he stressed the government -- would be subjected to numerous restrictions and would suffer severe financial losses. In addition, a downgrade would lead to an increased risk to the I have to pay other guarantees.
Recalling that ships not subject to security Confederation can already mitigate the consequences of blacklisting by changing your flag, the Federal Council explained that thanks to the change ordinance, which will come into force the next first November, ships for which ships for which ships will also be able to adopt this measure, will also be able to the federal government has a guarantee. The measure clarifies that, if the Swiss flag is inserted blacklisted, ships that have benefited from funding federally guaranteed operate under a foreign flag as long as it is adequate to ensure the economic operation of the ship and the possible use in favour of economic supply Switzerland.
Finally, the government recalled that the Federal Government maintains a first-degree pledge to secure their own even if the ships fly the foreign flag and asks all rights arising from the usual insurance companies, and made it clear that in case of need The use of ships to supply the country is contractually guaranteed.
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The Federal Council recalled that the downgrade would apply throughout Europe, extending to Russia and Canada, and would penalize all ships flying the flag Switzerland with extremely negative repercussions. The shipowners -- he stressed the government -- would be subjected to numerous restrictions and would suffer severe financial losses. In addition, a downgrade would lead to an increased risk to the I have to pay other guarantees.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
