IMO: Convention on Removal of Wrecks in force

News -
13 Apr 2015 - 18 Jan 2016
The Nairobi International Convention on the Removal of Wrecks enters into force on Tuesday (14 April 2015). The Convention places strict liability on owners for locating, marking and removing wrecks deemed to be a hazard and makes State certification of insurance, or other form of financial security for such liability, compulsory for ships of 300 gt and above. It also provides States Parties with a right of direct action against insurers.

Keywords: WRECKS, IMO
Related Topics: Safety of Navigation
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