• Follow Us On Our Preferred Social Media Platform:

Myanmar accepts IMO bunker spill protection treaty

22 Jan 2018

Myanmar has accepted the International Convention on Civil Liability for Bunker Oil Pollution Damage (BUNKER) treaty on Friday 19 January 2018.

The International Maritime Organization (IMO) treaty ensures that adequate compensation is available to persons that suffer damage caused by oil spills, when carried as fuel in ships’ bunkers.

BUNKER applies to damage caused on the territory, including the territorial sea, and in exclusive economic zones of States under the Convention.

Under the Convention, the registered owner of a vessel is required to maintain compulsory insurance cover, and there is also the requirement for ‘direct action’ – which allows a claim for compensation for pollution damage to be brought directly against an insurer.

Myanmar’s ratification brings the number of States to accede to the treaty to 87, representing 92.5% of the world's merchant fleet tonnage.

Photo credit: International Maritime Organization
Publication date: 22 January, 2018
 

Related News

Featured News

Our Industry Partners

  • argus

PR Newswire