On 17 January, ANAVE celebrated a seminar on the International System of compensation for oil pollution damage from spills of persistent oil from tankers. Javier Portales and Jaime Albors attended the event on behalf of the Firm.

The seminar was delivered by José Maura, Director of the International Oil Pollution Compensation Funds (IOPC) who gave a general overview of the historical framework that led to the creation of the compensation system, as well as its practicalities, explaining the three levels of compensation currently in place by the P&I Clubs in the first instance, the 92 IOPC Fund, and the Supplementary Fund (2003 Protocol).

A debate then ensued in relation to the difficulties with the entry into force of the HNS Convention which creates a similar system for compensation of damages caused by spillage of hazardous and noxious substances during maritime transportation. There was also some debate in relation to the status of the PRESTIGE case.

For more information: http://www.anave.es/ultimas-noticias/1471-2017-01-12-11-38-11