A Wreck Removal Convention has been adopted, under the auspices of the International Maritime Organization (IMO).
The IMO, with the support of the UN Office in Nairobi (UNON) and the government of Kenya, organized a diplomatic conference from 14-18 May 2007, in Nairobi, Kenya, to approve the Convention.
Shipwrecks can pose hazards to navigation or, […]
A Wreck Removal Convention has been adopted, under the auspices of the International Maritime Organization (IMO).
The IMO, with the support of the UN Office in Nairobi (UNON) and the government of Kenya, organized a diplomatic conference from 14-18 May 2007, in Nairobi, Kenya, to approve the Convention. Shipwrecks can pose hazards to navigation or, because of the nature of their cargo, to the marine and coastal environments, or to both. The Convention, which was prepared by the IMO Legal Committee, will make shipowners financially liable for wrecks and requires them to take out insurance or provide other financial security to cover the costs of wreck removal. It will also provide States with a right of direct action against insurers. In addition, the Convention includes provisions on: the report of and location of wrecks; determination of hazards when a wreck is beyond territorial waters; rights and obligations to remove hazardous ships and wrecks; financial liability; and settlement of disputes.
Links to further information
IMO Press Release, 10 May 2007
IMO Press Release, 16 May 2007