What is the scope of the Inter-American Convention on Liability for Maritime Claims?

The Inter-American Convention on Liability for Maritime Claims is a regional agreement that applies to most of the countries in the Americas. It is designed to establish a framework for distributing the financial costs of maritime damage and minimizing liability associated with maritime transportation. In essence, the Convention defines the responsibilities of each party involved in a maritime incident or claim. This includes the vessel owners, the cargo owners, the carriers, and the insurance companies involved. The scope of the Convention is quite broad. It applies to all areas of maritime navigation, from maritime insurance to vessel registration and from salvage and wreck removal to pollution control. Additionally, it covers marine cargo, maritime pollution, and shipping-related disputes. Furthermore, it also provides guidelines for the allocation of financial obligations among the parties involved in a maritime claim. In terms of jurisdiction, the Convention applies only to the countries that are signatories of the agreement. This means that New York, like other states in the United States, is not subject to the Convention unless it is ratified by the U.S. Senate. However, like most other countries in the Americas, New York is subject to the jurisdiction of the International Maritime Organization, which provides guidelines for the international maritime community.

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