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 82
... ............. a) The ability to absorb large claims .......................................... b) Possible motivation for risk minimisation.............................. E. Liability insurance and compensation fund.............
... claims subject to limitation under the 1976 LLMC and its Protocol ... claims for bunker-oil spill liability under the 1976 LLMC and its Protocol ............................................. ....................... 157 159 1. Conduct ...
... Claims Convention on Limitation of Liability for Maritime Claims Protocol of 1996 to Amend the Convention on Limi- tation of Liability for Maritime Claims, 1976 Lloyd's Mar. & Com. L.Q. Lloyd's Maritime and Commercial Law Quarterly ...
... accordance with the Convention on Limitation of Liability for Maritime Claims , 1976 , as amended . " of the operation of liability insurance and compensation regime in Introduction 3 A The aim of research B The scope of research.
... claim settlements between shipowners and oil companies in order to bring them in line with international conventions ... claims arising out of any one incident was raised to US $ 160 per limitation ton or US $ 16.8 million , whichever ...
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 |