IMO Liability and Compensation Regime, 2018 Edition (I455E)

Published Date

November 2018

IMO Liability and Compensation Regime, 2018 Edition (I455E)

$54.75
(Excludes any applicable taxes)

This publication has been developed to assist Member States with the effective and uniform implementation of IMO’s liability and compensation regime. It provides a practical and comprehensive reference book for administrations, non-governmental organizations and private companies alike.

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IMO’s comprehensive liability and compensation regime has been developed by the Legal Committee since its inception in 1967. It comprises liability and compensation for pollution incidents, wreck removal and the carriage of passengers and their luggage. In addition, the Legal Committee developed conventions relating to the protection against pollution incidents, empowering coastal States to intervene on the high seas and determining uniform international rules regarding salvage operations. These conventions are closely linked to the liability and compensation regime and have therefore also been included in this publication.

A​​s a specialized agency of the United Nations, IMO is the global standard-setting authority for the safety, security and environmental performance of international shipping. Its main role is to create a regulatory framework for the shipping industry that is fair and effective, universally adopted and universally implemented.  

In other words, its role is to create a level playing-field so that ship operators cannot address their financial issues by simply cutting corners and compromising on safety, security and environmental performance. This approach also encourages innovation and efficiency.

Shipping is a truly international industry, and it can only operate effectively if the regulations and standards are themselves agreed, adopted and implemented on an international basis. And IMO is the forum at which this process takes place.

Title: IMO Liability and Compensation Regime, 2018 Edition (I455E)
Product Code: MM1464EA
ISBN: ISBN 13: 9789280116687, ISBN 10: 9280116681
Published Date: November 2018

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