As of January 1 2021, the penalties and fines for damages resulting from oil pollution from ships in the waters of the State of California will increase.
Several already existing fines will be increased to a maximum of USD 1.000.000.000 per violation and each day or part of that day on which the violation occurs will be considered as a separate violation. In addition, the courts have received the authority to impose a new fine of up to USD 1.000 per gallon of spilled oil above 1.000 gallons.
NNPC’s P&I cover already includes a separate cover for oil pollution damage. This cover has a limit of USD 1.000.000.000 per vessel and will remain in place unchanged.
Should you require assistance in a matter concerning a dispute after the purchase of a second hand craft please do not hesitate to contact us.