What is the scope of the International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea?
The International Convention on Liability and Compensation for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, or HNS Convention, aims to provide protection from losses caused by the carriage of hazardous and noxious substances by sea. In California, the HNS Convention applies to the transport of hazardous and noxious substances in ships that are larger than 500 gross tonnage engaged in international voyages. The HNS Convention provides for a maximum amount of financial compensation that can be collected in the event of a hazardous or noxious substance spill. This amount is set at 250 million Special Drawing Rights, which is an international monetary unit. The compensation can be collected by those affected by the spill, but only if they can prove they were directly affected. In addition, the HNS Convention sets out the rights and duties of different parties in the event of an incident involving hazardous and noxious substances. It also outlines liability limits for ships carrying such substances, as well as for their owners, operators, and guarantors. By setting out rules for the transport of goods and providing for financial compensation in the event of a spill, the HNS Convention creates a system of liability and compensation for ships carrying hazardous and noxious substances. It also serves to protect the rights of those affected by the shipment of such substances, and the environment, by ensuring that those responsible for spills face the consequences of their actions.
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