LLMC 1976/1996
A4. Other IMO and ILO conventions and codesDefinition
Convention on Limitation of Liability for Maritime Claims, with 1996 Protocol and 2012 limit amendments.
The Convention on Limitation of Liability for Maritime Claims, 1976, lets a shipowner, charterer, manager, or salvor cap total liability for most claims arising from one incident at a figure set by the ship’s tonnage. The 1996 Protocol, in force from 13 May 2004, raised the limits substantially, and resolution LEG.5(99) raised them again from 8 June 2015. It underpins the insurance limits in the CLC and Bunker conventions.
Source: LLMC 1976 with 1996 Protocol