The government has ratified the 2001 International Convention on Civil Liability for Bunker Oil Pollution Damage (commonly referred as “2001 Bunker Convention”), through the issuance of Presidential Regulation No. 65 of 2014 (“2014 Regulation”).
In summary, the 2001 Bunker Convention provides the necessary measure that needs to be addressed by signatory parties[1] (“State Party”) to the convention in preventing, reducing, and controlling marine environment pollution caused by oil spills from ship tankers.[2] The 2001 Bunker Convention specifically cover pollution damage, liability of ship owners and its limitation, compulsory insurance for ships, and statutory limitation to seek compensation.
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