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Compulsory liability insurance

The long-running debate within IMO on compulsory liability insurance has continued, with the emphasis now firmly on passenger ships. ICS acknowledges the public interest in ensuring proper cover for passengers and, though believing that such cover is already invariably provided, has supported the introduction of compulsory liability insurance for passenger death and injury claims by means of an amendment to the Athens Convention. ICS has likewise supported the view that the carrier actually performing the carriage should be required to maintain such insurance in respect of its own liabilities. Conversely, proposals to require owners to take out personal accident insurance on behalf of passengers have been firmly opposed by the industry.

On the broader issue of general third party liabilities, ICS has continued to endorse proposals for IMO guidelines on shipowners' responsibilities in respect of maritime claims. The guidelines would recommend that shipowners have cover in place, evidenced by a certificate of insurance, thereby assisting in the identification of any uninsured ships.

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