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Chartering - LLMC Liability Cap

Limit of Liability for Maritime Claims (LLMC) - SDR-based cap on non-personal-injury + personal-injury claims.

LLMCliabilityCap
Property claims cap
80.00MSDR
Personal injury cap
159.02MSDR

Formula, assumptions, and limits

L=f(GT)L = f(GT)
SymbolMeaningUnit
SDRSDRSpecial Drawing RightSDR
GTGTGross Tonnage

Source: LLMC 1976 as amended by 1996 Protocol

In short

Limit of Liability for Maritime Claims (LLMC) - SDR-based cap on non-personal-injury + personal-injury claims.

Learn the theory Maritime Lien and Ship Arrest