Take it to the limit. The UK gets there at last.

 

 

The revised limits under the 1996 Protocol to the 1976 Convention on Limitation of Liability for Maritime Claims entered into force on 8 June 2015 – but not in the UK. They will now enter into force under the requisite statutory instrument – The Merchant Shipping Act 1995 (Amendment) Order 2016 SI 2016 No. 1061 – which is due to come into force on Wednesday 30 November. The new limits will apply to incidents occurring after that date. There will be no increase in the limits for vessels of less than 300 gt as the limits for such vessels have already been expressly amended by section 5 of Part II of Schedule 7 of the Merchant Shipping Act 1995 and are 500,000 SDRs for property claims and double that for loss of life and personal injury claims. Future increases adopted by the IMO will not require domestic legislation to bring them into force.

One thought on “Take it to the limit. The UK gets there at last.

  1. Pingback: Take it to the limit. The UK gets there at last. – Inno TankBulk

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