Last April amendments to increase the limits of liability in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims (LLMC Convention) were adopted by IMO’s Legal Committee, at its 99th session (16-20 April 2012).
The LLMC Convention sets specified limits of liability for two types of claims against shipowners – claims for loss of life or personal injury, and property claims (such as damage to other ships, property or harbour works). Taking into account the experience of incidents, as well as inflation rates, the limits set in the 1996 Protocol have, in recent years, been seen to be inadequate to cover the costs of claims, especially those arising from incidents involving bunker fuel spills.
Officer of the Watch 