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Nairobi International Convention on the Removal of Wrecks, 2007
£17.00
The Nairobi International Convention on the Removal of Wrecks, 2007 provides the legal basis to enable States to remove, or to have removed, from their coastlines and waters around their coasts, wrecks posing a hazard to the safety of shipping or to the Marine environment.
To achieve these objectives, the new treaty includes provisions on the reporting and locating of ships and wrecks and criteria for determining the hazard posed by wrecks, including assessment of damage to the Marine environment. It also regulates measures to facilitate the removal of wrecks, as well as the liability of the owner for the costs of locating, marking and removing of ships and wrecks. The registered shipowner is required to maintain compulsory insurance or other financial security to cover liability under the Convention.
Final Act of the International Conference on the Removal of Wrecks, 2007
Resolution 1 Expressions of appreciation
Resolution 2 Compulsory insurance certificates under existing maritime liability conventions, including the Nairobi International Convention on the Removal of Wrecks, 2007
Resolution 3 Promotion of technical co-operation and assistance
Nairobi International Convention on the Removal of Wrecks, 2007
Annex Certificate of insurance or other financial security in respect of liability for the removal of wrecks
IMO
As a specialized agency of the United Nations, IMO is the global standard-setting authority for the safety, security and environmental performance of international shipping. Its main role is to create a regulatory framework for the shipping industry that is fair and effective, universally adopted and universally implemented.
In other words, its role is to create a level playing field so that ship operators cannot address their financial issues by simply cutting corners and compromising on safety, security and environmental performance. This approach also encourages innovation and efficiency.
Shipping is a truly international industry, and it can only operate effectively if the regulations and standards are themselves agreed, adopted and implemented on an international basis. IMO is the forum at which this process takes place.
- Number of Pages:
- 38
- Published Date:
- January 2008
- Book Height:
- 0 mm
- Book Width:
- 0 mm
- Publication Date:
- January 2008
- Author:
IMO
