Download or read book Limitation of Liability for Maritime Claims written by International Maritime Organization and published by . This book was released on 2016-10-01 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Convention on Limitation of Liability for Maritime Claims, 1976 (LLMC 1976) was adopted at the International Conference on Limitation of Liability for Maritime Claims held in London, from 1 to 19 November 1976, at the Invitation of the Inter-Governmental Maritime Consultative Organization (IMCO), now International Maritime Organization (IMO). The LLMC 1976 entered into force on 1 December 1986 and, as at 31 March 2007, 51 States have become Parties to it. The Protocol of 1996 to amend the Convention on Limitation of Liability for Maritime Claims, 1976 (the 1996 LLMC Protocol) was adopted at the International Conference on Hazardous and Noxious Substances and Limitation of Liability, 1996, held in London, from 15 April to 3 May 1996, at the invitation of the International Maritime Organization (IMO). The LLMC 1976 Protocol entered into force on 13 May 2004 and, as at 31 March 2007, 25 States have become Parties to it. The Protocol provides for enhanced compensation, as well as for a simplified procedure for updating the limitation amounts. Article 9 of the LLMC 1976 Protocol requires inter alia that, as between the Parties thereto, the 1976 LLMC and the 1996 LLMC Protocol shall be read and interpreted together as one single instrument. This publication contains the texts of the 1976 Convention and the 1996 Protocol. For practical purposes, a consolidated text of the substantive provisions of the Convention as amended by the Protocol and amended limits of liability is included
