CANADA SIGNS BUNKER CONVENTION

On 27 September 2002, Canada signed the International Convention on Civil Liability for Bunker Oil Pollution Damage, which, on entry into force, will establish a liability and compensation regime for bunker oil spills.

Transport Canada has issued a News Release stating that on 27 September 2002, Canada signed the International Convention on Civil Liability for Bunker Oil Pollution Damage, which was adopted in March 2001 under the auspices of the International Maritime Organization. This new Convention, when it enters into force, will establish a liability and compensation regime for bunker oil spills.

 

Current international regimes covering oil spills do not include bunker oil spills from vessels other than tankers. The Convention establishes the liability of the shipowner and requires the registered owner of any ship over 1000 gross registered tonnes engaged in international voyages to maintain insurance or other financial security in the event of an oil spill from the ship’s bunkers.