Civil Liability Convention
The 1992 Civil Liability Convention (1992 CLC) governs the liability of shipowners for oil pollution damage. B. that, where legally feasible in accordance with their national law, States Parties to the 1969 CLC accept CLC certificates issued by State Parties to the 1992 CLC as proof that a ship has insurance cover as required by the 1969 CLC. Note: The limits of liability under the a variety of regimes are primarily based on specified units of account (Specific Drawing Proper – SDR). Size is not relevant nor is there any provision in the Convention, as there is in some other conventions, such as the LLMC Convention in its art. These Parties that have not ratified the 1992 regime are still regarded as Parties to CLC 1969.
This section is only applicable to ships flying the flags of a State celebration to the 1969 CLC (see Annex two). Until 30 May … Read the rest >>>