Limitation of liability is a traditional rule applicable to all areas of shipowners’ liability. This rule is also acknowledged in the Bunkers Convention, which came into force in 2008. However, the extent of limitation under the Bunkers Convention is vague or uncertain, as it leaves the liability to be limited “under any applicable national or international regime”. This article therefore focuses on a discussion of the limitation of liability rule under the Bunkers Convention. It is a matter of concern as to whether the limitation of liability rule in conjunction with the whole Bunkers Convention will protect and balance the interests of all parties involved; and whether it will, in the long run, contribute to the further development of international shipping.
|Journal||Aegean Review of the Law of the Sea and Maritime Law|
|Publication status||Published - 2011|