What is the purpose of the Athens Convention?
What is it? The 1974 Athens Convention, and its successor the 2002 Protocol, provide a liability and insurance regime for passenger ships with regard to passengers and their luggage. Together, they aim to improve compensation for passengers who suffer damages and improve the safety of maritime transport.
Which article of the Athens Convention restricts the liability of the carrier in case of personal injury of passenger?
Article 14 states: “No action for damages for the death or personal injury to a passenger, or for the loss of or damage to luggage, shall be brought against a carrier or performing carrier otherwise than in accordance with this Convention.”
How much SDR does the Athens Convention of 1974 provides for the limitations of claims to the carrier of passenger and luggage?
The liability of the carrier for the death of or personal injury to a passenger is limited to 250,000 SDR per passenger on each distinct occasion.
What is Article 1 on Athens Convention Relating to the Carriage of Passengers and their Luggage by Sea 1974?
Article I 1. “Convention” means the Athens Convention relating to the Carriage of Passengers and their Luggage by Sea, 1974. For States Parties to the Protocol of 1976 to the Convention, such reference shall be deemed to include the Convention as amended by that Protocol. 2.
What is the limit of the compulsory insurance per passenger?
P200,000 per passenger
Adequate insurance coverage for each passenger in an amount not less than P200,000 per passenger; and the total amount of such coverage shall be equivalent to the total authorized number of passengers of the ship; 14.2.
What article covers the performing carrier?
Article 4
Article 4 Performing carrier The carrier shall, in relation to the carriage performed by the performing carrier, be liable for the acts and omissions of the performing carrier and of his servants and agents acting within the scope of their employment.
Does the IMF stand for?
The International Monetary Fund
The International Monetary Fund (IMF) is an organization of 190 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
Which international convention regulates the international carriage of passengers and their luggage by sea?
the Athens Convention relating
“Convention” means the text of the Athens Convention relating to the Carriage of Passengers and their Luggage by Sea, 1974. 2. “Organization” means the International Maritime Organization.
What are the three types of compulsory insurance?
The three main types of compulsory insurance are the Unemployment Insurance Fund, Compensation for Occupational Injuries and Diseases which is amended as Workers’ Compensation and the Road Accident Fund.
What is the difference between compulsory and non-compulsory insurance?
Compulsory, per Merriam-Webster, is defined as “something that is mandatory or enforced; we can then conclude that non-compulsory insurance would refer to a policy that is neither mandatory nor enforced.
What is carrier liable?
Carriers Cargo Liability insurance protects a carrier against their liability for loss to their customers goods during transit. This form of Goods In Transit (GIT) insurance is specifically structured to insure the carriers liability rather than the goods themselves.