The International Oil Pollution Compensation Fund is a successful international scheme providing supplementary compensation for vessel source oil pollution damage. Some domestic schemes such as the Ship-Source Oil Pollution Fund in Canada and the Oil Spill Liability Trust Fund in the United States have also been successful. China established its Vessel-Source Oil Pollution Compensation Fund in July 2012. This article examines the international and domestic schemes that provide supplementary compensation for vessel source oil pollution and makes some suggestions for amendment of the newly established Chinese national compensation fund.
- compensation funds
- vessel source oil pollution
ASJC Scopus subject areas
- Political Science and International Relations
- Management, Monitoring, Policy and Law