TMSA liability clause

Several INTERTANKO members have raised concerns with us regarding the possible increase in exposure when submitting a completed TMSA (Tanker Management and Self Assessment).  

Some owners have contacted us and expressed concerns that they may be potentially taking on a higher liability and effectively relieving the charterer of some exposure in the event of an incident.  

In response to these concerns INTERTANKO has produced a suitable liability clause that members who have these concerns "may" wish to utilise: 

“The information contained herein is provided to the best of owner’s/manager’s knowledge and in good faith, however, the accuracy of the information is not guaranteed either expressly or by implication and owners/managers exclude liability for any errors or omissions whether caused negligently or otherwise.”  

Contact:  Howard Snaith