Industry News

Courtney Agencies Ltd. provides a weekly industry news update to its clients.

Please click here to receive this update by email.

 

 

 

 

Customs &
Trade News

Transport &
Trade News


April 24, 2018

Canada ratifies treaty on transportation of hazardous cargo by ship

Canada and Turkey on Monday deposited their instruments of ratification to the 2010 Protocol to the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea Convention.

When in force, the treaty will provide a regime of liability and compensation for damage caused by cargoes of hazardous and noxious substances (HNS) transported by sea, including oil and chemicals, and covers not only pollution damage, but also the risks of fire and explosion, including loss of life or personal injury as well as loss of or damage to property.

The HNS Convention establishes the principle that the 'polluter pays' by ensuring that the shipping and HNS industries provide compensation for those who have suffered loss or damage resulting from an HNS incident. An HNS Fund will be established, to pay compensation once shipowner's liability is exhausted. This Fund will be financed through contributions paid post incident by receivers of HNS cargoes.

Both Canada and Turkey provided, as required by the treaty, data on the total quantities of liable contributing cargo. Turkey reported more than 25.4 million tonnes of cargo received.

Entry into force of the treaty requires accession by at least 12 States, meeting certain criteria in relation to tonnage and reporting annually the quantity of HNS cargo received in a State.

Source: International Maritime Organization