Marine Liability Convention

The Marine Liability Convention is an international agreement that sets out rules for compensating those affected by oil pollution from tankers. It holds shipowners financially responsible if their vessels cause environmental damage, such as oil spills. The Convention ensures that victims, including governments and individuals, can access compensation without lengthy legal processes. It also establishes limits on the liability of shipowners based on the size of the ship to encourage responsible shipping. Overall, it promotes environmental protection and provides a clear framework for addressing pollution incidents at sea.