What does the Civil Liability Convention 1992 require with respect to insurance?

The owner of a ship registered in a Contracting State and carrying more than 2, 000 tons of oil in bulk as cargo must maintain insurance or other financial security, such as the guarantee of a bank or a certificate delivered by an international compensation fund to cover his liability for pollution damage under the Convention. (Art. VII)

What do you think?

138 Points
Upvote Downvote

Written by Ship Inspection

Leave a Reply

What document must be obtained by a shipowner as evidence of his insurance cover against cargo oil pollution liability?

What is “oil” defined as in the Civil Liability Convention 1992?