The Shipowners' Liability Convention

The Shipowners' Liability Convention, established in 1961, is an international agreement that outlines the responsibilities of shipowners when their vessels cause damage or loss at sea, particularly related to oil spills or pollution. It ensures that shipowners can be held financially accountable for the harm caused by their ships, protecting the interests of those affected, such as fishermen, coastal communities, and businesses. The convention aims to provide a clear legal framework for claims and compensation, promoting accountability and environmental protection in maritime operations.