Compulsory Insurance and Compensation for Bunker Oil Pollution DamageSpringer Science & Business Media, 2007 M03 20 - 242 pages Oil tankers are not the only vessels that have caused oil pollution at sea. Numerous spills in the past have been of heavy fuel oil from non-tankers. However, the international liability and compensation regime covered only oil pollution damage caused by oil tankers. There was thus a need to bring the law on marine oil pollution responsive to oil pollution damage caused by non-tankers. In March 2001, the International Convention on Civil Liability for Bunker Oil Pollution Damage was adopted following a diplomatic conference at the International Maritime Organization. Though this convention has not yet come into force, its various aspects should already be considered as they will surely affect the maritime industry as a whole and the non-tanker sector, in particular. This book provides a timely and comprehensive study on the concept of compulsory insurance, its main purpose of ensuring compensation and its interrelations with other features such as the rule of strict liability and the limitation of liability under the convention. |
From inside the book
Results 1-5 of 43
... .............. I. 1. Pollution damage arising from a bunker-oil spill......................... 152 153 153 2. The claims subject to limitation under the 1976 LLMC and its Protocol ...................................................
... Library: The Ratification of Maritime Conventions (2004), Vol.4, II.7.30, II.7.51, II.7.90 and II.7.111. persons involved to a uniform set of legal rules. Strict Introduction Pollution damage arising from a bunker-oil spill.
... arising from the operation of ships falls within the ambit of marine insurance. This type of insurance undertakes to indemnify the assured against the losses incident to marine adventure. However, since international civil liability ...
... arising out of any one incident was raised to US $ 160 per limitation ton or US $ 16.8 million , whichever was less . In 1987 , the new TOVALOP Supplement was created . It was not for the purpose of replacing the original TOVALOP . The ...
... arising from an oil spill incident should be shared by oil - cargo interests . In order to accompany the CLCs and in effect balance conflicting interests , a second tier of compensation is provided under the Fund Conventions . The ...
Contents
7 | |
I | 19 |
10 | 29 |
13 | 40 |
The Birth of Compulsory Insurance for Oil Pollution | 49 |
20 | 52 |
Possible | 55 |
d The International Group of PI Clubs II The insurers offering coverage for oilpollution liability | 66 |
Port State control regarding | 118 |
Operator | 139 |
Limitation of Liability and the Limit of Insurance | 145 |
Limitation of Liability | 165 |
Introduction | 171 |
The limited effect of direct action under PI insurance | 178 |
Interpretation of wilful misconduct in insurance | 188 |
F Recourse | 196 |
Strict Liability and Insurance | 81 |
Who shall be liable? | 93 |
67 | 95 |
c The role of the PI Club with regard to an oil | 102 |
Channelling | 103 |
insurance | 105 |
Insurance and the Quest for Adequate Compensation | 110 |
Oil | 199 |
maintaining their sustainable development III Shipowners the central actor | 203 |
A The concept of compulsory insurance and its compensation | 211 |
Text of the Bunkers | 227 |
Index 239 | 238 |
B The global limitation of liability system in relation to Limitation of liability rule in general ships | 240 |
Other editions - View all
Compulsory Insurance and Compensation for Bunker Oil Pollution Damage Ling Zhu No preview available - 2006 |
Compulsory Insurance and Compensation for Bunker Oil Pollution Damage Ling Zhu No preview available - 2009 |