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A number of commenters asserted which the proposal would bring about significant hardship to small firms that didn't fulfill this criterion and as a result would have to offer supplemental financial assurance. Commenters argued that a prerequisite to deliver supplemental monetary assurance would enhance the threats of defaulting, not buying routine maintenance of present functions, shedding staff, delaying efficiency of existing decommissioning obligations, and diverting money money needed for upcoming OCS Vitality development. Response:
A few days in the past, the ISA Council thought of these events in its 29th Session (18-29 March 2024). To justify its steps before the Council, Greenpeace cited the Arctic Sunrise arbitral award, invoking the correct to protest at sea being a “lawful usage of the sea relevant to the liberty of navigation” (p.
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A Chinese ship stays the main focus of the investigation into Baltic Sea fuel pipeline destroyed previous 12 months
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(88 FR 86285), which would amend the bonding necessities when submitting an enchantment of the BSEE civil penalty. The proposed polices would involve that entities pleasing a BSEE civil penalty decision to the IBLA should have a bond masking the civil penalty evaluation total for that IBLA to own jurisdiction about the enchantment. Further more, an appeal bond requirement by now applies to appeals of civil penalties assessed by BOEM and orders from the Office of All-natural Sources Income (ONRR). This type of prerequisite is Similarly ideal when the impact of a modify in conditions on the appellant, for example personal bankruptcy or insolvency, could go away DOI with no suggests of performing decommissioning.