International:


International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage (as amended)

Objectives:

• To supplement the International Convention on Civil Liability for Oil Pollution Damage, 1969
  
• To ensure that adequate compensation is available to persons who suffer damage caused by pollution resulting from the escape or by discharge of oil from ships.
  
• To ensure that the oil cargo interests bear a part of the economic consequences of such oil pollution damage, to the relief of the shipping industry.

Summary of Provisions:

• An International Oil Pollution Compensation Fund established
  
• Compensation to be paid by the Fund to any person suffering pollution damage, who is unable to obtain full and adequate compensation under the terms of the 1969 Liability Convention, including the cost of measures reasonably taken to minimize the damage.
  
• If the damage was caused by act of war, hostilities or by discharge from a warship, the fund will incur no obligations.
  
• Limits to the Fund's obligations set at million francs for any one incident.
  
• The Fund to indemnify shipowners for the amount of liability incurred in excess of 1500 francs per ton of ship's tonnage, but not in excess of 2000 francs per ton or in any case of 210 million francs.
  
• Contributions to the Fund to be made in respect of each party by any person who in the calendar year before the entry into force of the Convention for that party, received quantities of oil exceeding 150,000 tons, such contributions to be calculated on a per ton basis, as determined by the Assembly of the Fund.

Date of Adoption:
18.12.1971 (Brussels)

Date of entry into force:
16.10.1978

Arab Participants:
Kuwait, Oman, Qatar, Syrian Arab Republic, UAE.