Menu
News

EU takes steps to boost oil pollution fund

The European Commission has issued legislative proposals to enable entry into force of a new international compensation fund for oil pollution damage, quintupling its maximum payout to some €920m. Members of the International maritime organisation agreed to the so-called supplementary fund in May (EED 16/05/03). EU governments will have to act quickly on the proposal if they are to meet their own objective of making the fund operational by the end of the year. See press release and Commission proposal (COM(2003) 534.

The full text of this article is only available to subscribers and free trialists. To login,please enter your email address and subscriber access code below.

Not a subscriber or free trialist? Why not take a free 14 day trial or subscribe today!

Having trouble logging in? Please contact our helpdesk

Back to top Back to top