Australian customers only - Carbon Tax Removal Substantiation Statement

Wilhelmsen Ships Service (WSS) sells synthetic greenhouse gases (SGG / HFC) to vessels operating in the domestic and international market.
Press release, Published: Last updated: (Wilhelmsen Ships Service, Marine chemicals)

Under section 60FD of the Competition and Consumer Act 2010 (Cth), WSS is required to provide a written statement setting out our estimate of the cost savings with respect to SGGs that are attributable to the repeal of the carbon tax during the year commencing 1 July 2014.

The carbon tax repeal decreases our costs on the import and sales of SGGs. We will pass on all of the cost savings that are attributable to the carbon tax repeal to our customers.

At the date of publication, WSS estimates that its cost savings to Australian domestic vessels and/or customers that are directly or indirectly attributable to the carbon tax repeal during the financial year starting from 1 July 2014 to be 61%.

There will be no change for international vessels, as to date WSS has not applied an equivalent carbon price on such sales. This figure is calculated as an average across all refrigerant blends and all domestic sales. 

Savings experienced by individual customers may vary according to a range of factors, such as the specific refrigerant blends or volumes purchased.

Environment: prod

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