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A comparison between the international and US regimes regulating oil pollution liability and compensation

Title
A comparison between the international and US regimes regulating oil pollution liability and compensation
Authors
Kim I.
Ewha Authors
김인호
SCOPUS Author ID
김인호scopus
Issue Date
2003
Journal Title
Marine Policy
ISSN
0308-597XJCR Link
Citation
vol. 27, no. 3, pp. 265 - 279
Indexed
SSCI; SCOPUS scopus
Abstract
Despite its search for a universal oil spill liability and compensation regime, the maritime community continues to face the dichotomy between the US approach and that adopted by the rest of the world. Both regimes have a two-tier structure that is composed of a liability scheme and a fund scheme. However, the significant differences between the two regimes can be found in the liability limit of a responsible party and the scope of recoverable damages. This explains the reasons why the US took a unilateral approach instead of participating in the international one. In the short term, it seems that the current dual system will continue. In the long term, however, it would be desirable to establish a unified international regime which would enable all actors to direct their energies toward handling oil spills rather than grappling with unilateral legislation in individual jurisdictions of the world. Even before an establishment of a unified international regime, harmonization between the two regimes would not only be helpful for the ultimate unification, but also desirable for transactions of the industries concerned under the current dual system. © 2003 Elsevier Science Ltd. All rights reserved.
DOI
10.1016/S0308-597X(03)00005-8
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법학전문대학원 > 법학과 > Journal papers
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