Sopep annex 2017. Dromon Bureau of Shipping (DBS)

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SOPEP

sopep annex 2017

Includes additional debt that accrues during the fiscal year as a result of the inflation adjustments to Real Return Bonds. Ronald Ringma Depends on what you need to update. The order of bond auctions within each quarter may be adjusted to support the borrowing program. Consequently, the Government of Canada will discontinue the sales of retail debt products in 2017. For oil tankers, action plan differs according to the cargo handling and cargo tanks containing huge quantities of oil. Bond Auction Schedule In 2017-18, there will be quarterly auctions of 2-, 3-, 5- and 10-year bonds, and 30-year Real Return Bonds. Two bond buyback operations on a switch basis are planned for 2017-18.

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Dromon Bureau of Shipping (DBS)

sopep annex 2017

Duty Rating s : To assist and alert the duty officer and engineer for detection of potential oil leakage and to immediately assist by all possible means to restrict and clean an ongoing spill. The cost to clean up an depends on the quantity and quality of oil discharged in the sea and is calculated on the basis of factors such as legal claims, money paid as penalties, loss of oil, repairs and cleanups, and the most important — loss of marine life and the effects on human health which cannot be measured against any amount. The number of auctions for each bond sector is shown in Table A2. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. Non-budgetary transactions include changes in federal employee pension accounts; changes in non-financial assets; investing activities through loans, investments and advances; and changes in other financial assets, including foreign exchange activities. The approved plan guides the Master and officers on board the ship concerning the steps to be taken when an oil pollution incident has occurred or a ship is at risk of one.

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SOPEP

sopep annex 2017

The expected sources and uses of borrowings are set out below. This results in a larger number of new issues per year than the stock outstanding at the end of the fiscal year, which is presented in the table. Cash Management The core objective of cash management is to ensure that the Government has sufficient cash available at all times to meet its operating requirements. Retail Debt The Canada Savings Bonds Program, created in 1946, has historically provided the Government of Canada with a diversified source of funds. Weekly cash management bond buyback operations will be continued in 2017-18. When an oil spill occurs at sea, it tends to spread over the surface of the sea water, leaving a deadly impact on marine mammals, birds, the shoreline, and most importantly the ocean and the environment.

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SOPEP

sopep annex 2017

The dates of each auction will continue to be announced through the that is published on the Bank of Canada website prior to the start of each quarter. A negative sign denotes a financial source. Actual borrowings and uses of funds for the upcoming fiscal year compared with the forecast provided below will be reported in the Debt Management Report for 2017-18, and detailed information on outcomes will be provided in the Public Accounts of Canada 2018. Maturity Dates and Benchmark Bond Target Range Sizes For 2017-18, no changes to the bond maturity pattern or benchmark target range sizes are planned relative to fiscal year 2016-17 Table A2. The Government has delivered on its commitment to restore the requirement for Parliamentary approval of government borrowing to enhance transparency and accountability to Parliament. Borrowing activities support the ongoing refinancing of government debt coming to maturity, the execution of the budget plan and the financial operations of the Government. Budgetary transactions include government revenues and expenses.

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MSC MEPC.6/Circ.14 Annex 2 (SOPEP) 31 December 2017

sopep annex 2017

On the other hand, bonds that have been outstanding for a longer period of time off-the-run bonds continue to be far less liquid, though some market participants indicated that the liquidity in these bonds has improved from last year. Eduardo Madero 235, Piso 3 Of. This Internet version is updated on a quarterly basis and includes a summary indicating which country has submitted changes to its information, since the previous update. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Normally this training manual should hold information about your equipments on board plus procedures, trainings, location and so and so on. The Financial Administration Act requires that the Government table in Parliament, prior to the start of the fiscal year, a report on the anticipated borrowing to be undertaken in the year ahead, including the purposes for which the money will be borrowed.

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What is Ship Oil Pollution Emergency Plan (SOPEP)?

sopep annex 2017

Some of these bonds may be issued multiple times per quarter. Just as it is incredible to sit. The mix of funding sources used to finance the liquid reserves in 2017-18 will depend on a number of considerations, including relative cost, market conditions and the objective of maintaining a prudent foreign-currency-denominated debt maturity structure. Related reading: As prevention is better than cure, in order to avoid the above mentioned monitory losses and primarily to avoid marine pollution and losses of marine species, a prevention plan is carried on board by almost all cruise and cargo vessels. If the Government has a net cash inflow financial source , it can use the cash to decrease the total debt stock.

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Dromon Bureau of Shipping (DBS)

sopep annex 2017

The Government seeks to strike a balance between keeping funding costs low and mitigating risks, as measured by metrics such as debt rollover and the variation in annual debt-service charges. The article or images cannot be reproduced, copied, shared or used in any form without the permission of the author and Marine Insight. Further information on foreign currency funding and the foreign reserve assets is available in the and in. Disclaimer This Technical Circular and the material contained in it is provided only for the purpose of supplying current information to the reader and not as an advice to be relied upon by any person. Cash consists of moneys on deposit with the Bank of Canada, chartered banks and other financial institutions. Debt Structure Planning The Debt Management Strategy for 2017-18 is informed by analysis that reflects a wide range of economic and interest rate scenarios and forecasts for the debt structure over a medium-term horizon. .

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Contact Points

sopep annex 2017

The Debt Management Strategy for 2017-18 reflects the latest fiscal projections. The benchmark size range for the 3-year sector is in addition to the 5-year benchmark size range. If it has a net cash outflow financial requirement , it must meet that requirement by increasing the total debt stock. These instruments will also continue to be used in 2017-18. This is consistent with the medium-term objective of maintaining a treasury bill stock that is large enough to promote market well-functioning while also managing debt rollover risk. Authorities like port state control, oil clean up team etc. The cash management bond buyback program helps to manage government cash requirements by reducing the high levels of cash balances needed ahead of large bond maturities.

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