Directive 2009/20/EC of the European Parliament and of the Council of 23 April 2009 on the insurance of shipowners for maritime claims was published on the 28th of May 2009. The Directive lays down rules applicable to certain obligations on shipowners as regards their insurance for maritime claims. Member states will be required to ensure that shipowners flying their flag have insurance for all ships of 300 gross tonnage or more. The insurance must be sufficient to cover maritime claims subject to limitation under the 1976 Limitation Convention and the 1996 Protocol. Should a relevant vessel not have the requisite insurance, the vessel may be issued with an expulsion order and every member state will be required to prevent the entry of the vessel into its waters. The Directive enters into force on the 29th of May 2009 and its provisions must be implemented by the member states by the 1st of January 2012.
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Insurance of shipowners for maritime claims
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