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This document is an application for a certificate of insurance or financial security in accordance with the International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001.
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How to fill out APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE
01
Begin by obtaining the APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY form.
02
Carefully read all instructions provided with the application.
03
Fill in your personal information including your name, address, and contact details.
04
Provide details of the vessel(s) for which the certificate is being requested, including name, type, and registration number.
05
Indicate the type of financial security you are applying for and the relevant coverage amounts for bunker oil pollution damage.
06
Attach any required supporting documents, such as proof of previous insurance or financial statements.
07
Review your application for accuracy and completeness.
08
Sign and date the application form.
09
Submit the completed application to the appropriate authority or insurance provider to begin processing.
Who needs APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
01
Shipowners or operators of vessels that transport bunker oil.
02
Businesses involved in maritime activities that use or manage bunker fuel.
03
Companies required by law or regulation to demonstrate financial responsibility for potential oil pollution damages.
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People Also Ask about
What is the compensation fund for oil pollution damage?
The IOPC Funds are two intergovernmental organisations (the 1992 Fund and the Supplementary Fund) which provide compensation for oil pollution damage resulting from spills of persistent oil from tankers.
What is the difference between CLC 1969 and CLC 92?
The 1969 CLC entered into force in 1975. The main features of the Convention are the same as those of the 1992 CLC, but there are differences on specific points. Most importantly, under the 1969 CLC, the limit of the shipowner's liability is much lower than under the 1992 CLC (up to a maximum of 14 million SDR).
How much is in the oil spill liability trust fund?
The Fund is administered by the U.S. Coast Guard's National Pollution Funds Center. The Fund can provide up to $1 billion for any one oil pollution incident, including up to $500 million for the initiation of natural resource damage assessments and claims in connection with any single incident.
What is the limit of liability under the Bunker Convention?
The limit of liability for property claims for ships not exceeding 2,000 gross tonnage is 1.51 million SDR (up from 1 million SDR). For larger ships, the following additional amounts are used in calculating the limitation amount: For each ton from 2,001 to 30,000 tons, 604 SDR (up from 400 SDR)
What is the Civil Liability Convention for pollution?
The International Convention on Civil Liability for Oil Pollution Damage, 1969, renewed in 1992 and often referred to as the CLC Convention, is an international maritime treaty admistered by the International Maritime Organization that was adopted to ensure that adequate compensation would be available where oil
What is the difference between CLC and bunker convention?
[1] CLC 69 and CLC 92 cover pollution damage from spills of oil cargo, while the Bunker Convention addresses pollution from fuel oil spills. [2] The conventions have similar definitions of "ship" and "oil," apply strict liability, and allow the same basic defenses.
What is the International Oil Pollution Compensation Fund 1992?
The International Oil Pollution Compensation Fund, 1992 (1992 Fund) was set up under the 1992 Fund Convention. The 1992 Fund pays compensation when: the damage exceeds the limit of the shipowner's liability under the 1992 CLC, or. the shipowner is exempt from liability under the 1992 CLC, or.
What is the CLC liability?
The International Convention on Civil Liability for Oil Pollution Damage, 1969, renewed in 1992 and often referred to as the CLC Convention, is an international maritime treaty admistered by the International Maritime Organization that was adopted to ensure that adequate compensation would be available where oil
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What is APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
It is a formal request that shipping companies or vessel owners submit to obtain a certificate that proves they have insurance or financial security to cover liabilities related to pollution damage caused by bunker oil spills.
Who is required to file APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
Shipowners and operators of vessels that carry oil as cargo are required to file this application to comply with international regulations concerning pollution liability.
How to fill out APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
The application form must be filled out with relevant details such as the name of the vessel, the owner’s information, the insurer’s details, and the coverage amount for pollution liabilities. It may also require additional documentation to demonstrate compliance with financial security requirements.
What is the purpose of APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
The purpose is to ensure that shipowners and operators have adequate financial resources to cover damages caused by oil spills, enhancing accountability and environmental protection.
What information must be reported on APPLICATION FOR CERTIFICATE OF INSURANCE OR OTHER FINANCIAL SECURITY IN RESPECT OF CIVIL LIABILITY FOR BUNKER OIL POLLUTION DAMAGE?
The application must report the vessel's name and identification, owner and operator details, insurance provider information, policy numbers, coverage limits, and potentially any past incidents of pollution or claims.
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