Can the Bunkers Convention Ensure Adequate Compensation for Pollution Victims?
Posted: 26 Aug 2009
Date Written: April 1, 2009
Abstract
At least since the Torrey Canyon incident of 1967, blame for oil pollution at sea has been focused mostly on oil tankers. However, numerous spills at sea involve heavy fuel oil from non-tankers. There has thus been a need for law responsive to oil pollution damage caused by non-tankers. In March 2001, the International Maritime Organization adopted the 'International Convention on Civil Liability for Bunker Oil Pollution Damage,' satisfying the need to address liability and compensation issues arising from spills of bunker oil from non-tanker vessels. This paper examines the compensation regime established in the Bunkers Convention and addresses the question of whether it assures adequate and effective compensation for pollution victims.
Keywords: pollution, spill, oil, bunker, bunkers, IMO, tanker, convention, liability
JEL Classification: K13, K23, K32, K33, K42, L92, N50, N70
Suggested Citation: Suggested Citation