Increased Limits of Liability for Maritime Claims

Limitation of Liability for Maritime Claims, 1976 (LLMC Protocol 1996) enter into force today (8 June 2015), raising the amount claimable for loss of life or personal injury on ships (not exceeding 2,000 gross tonnage) to 3.02 million Special Drawing Rights (SDR), up from 2 million SDR (additional amounts are claimable on larger ships).

Limitation of Liability for Maritime Claims.