Bv Agreement 2012

The Seafarers` Union of Russia (SUR) and Stolt Tankers B.V. Reederei have confirmed the focus on providing decent social guarantees for seafarers. The two parties have signed a collective agreement for 2019-2021 that meets the ITF`s requirements. Vice-President Nikolai Soukhounov and SUR Far Eastern Regional Organization Inspector Vitali Miroshnichenko, as well as Human Resources Director Igor Segeda and Valentin Baburg`s Asia-Pacific Fleet Manager for Stolt Tankers B.V. participated in the discussions. Vladimir Nikitenko, Director General of the Primtanco occupancy agency, attended a working meeting. During the negotiations, the parties discussed the implementation of the previously signed 2015-2018 agreement and concluded that it was achieved without violation. A master`s salary is more than $13,000 and a sailor is paid about $2,000. Today, more than 400 sailors from the Russian Far East work at Stolt Tankers B.V.

It should be remembered that the Union of Russian Sailors has been cooperating with Stolt Tankers B.V. for 15 years and that there have been no infringements for this period. Stolt Tankers B.V. operates the world`s largest and most complex fleet, comprising deepwater, regional, coastal and river tankers. The company provides reliable, high-quality transportation services to the world`s leading chemical producers and other liquid mass producers. Note that, in accordance with the provisions of the collective agreement, seafarers are entitled to 100% compensation of the base salary and double compensation in the event of death or injury during the transit period in war zones and high risk. The document also states that the company is required to warn sailors of the passage of a dangerous route. Every crew member has the right not to continue the passage and this will not result in job loss. In the event that the sailor does not agree to pursue high-risk areas, the shipowner is required to create a job on another vessel of a company. In December 2009, the Dutch House of Representatives already adopted a legislative proposal to simplify and increase the flexibility of Dutch BV (Flex-BV) law.

In October 2011, the Dutch House of Representatives passed a legislative proposal to implement the law. These two legislative proposals were adopted by the Dutch Senate on 12 June 2012.1 These legislative proposals came into force on 1 October 2012. It is therefore important for executives to keep their shareholders properly informed of the financial health of a BV in this regard.