The Convention on Limitation of Liability for Maritime Claims is an IMO treaty that was concluded in London in November It entered into force in and. The LLMC significantly increased the above levels of limitation, in some cases up to per cent. It also provided for a practically. LLMC – – Article 1. Persons entitled to limit liability 1. Shipowners and salvors, as hereinafter defined, may limit their liability in accordance.
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New Limits Under 1996 Protocol to LLMC 1976 – In force in the UK from 30 November 2016
The limit of liability for property claims for ships not exceeding 2, gross tonnage is 1 million SDR. You may be trying to access this site from a secured browser on llcm server. Please enable scripts and reload this page.
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Increased limits of liability enter into force in – GARD
Limits are specified for two types of claims – claims for loss of life or personal injury, and property claims such as damage to other ships, property or harbour works. The limits under the Convention were set atSDR for personal claims for ships not exceeding tons plus an additional amount llmf on tonnage. The Convention provides for a virtually unbreakable system of limiting liability.
Shipowners and plmc may limit their liability, except if “it is proved that the loss resulted from his personal act or omission, committed with the intent to cause such a loss, or recklessly and with knowledge that such loss would probably result”. Under the Protocol the amount of compensation payable ,lmc the event of an incident being substantially increased and also introduces a “tacit acceptance” procedure for updating these amounts.
For larger ships, the following additional amounts are used in calculating the limitation amount: The limit of liability for claims for loss of life or personal injury on ships not exceeding 2, gross tonnage is 3.
For larger ships, the following additional amounts are used in calculating the limitation amount:. The limit of liability for property claims for ships not exceeding 2, gross tonnage is 1.
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Increased limits of liability enter into force in 2015
Some content on this site is available in all official languages. The majority is presented in the working languages. Protocol of Adoption: