30 years of compensating victims of oil pollution damage By Anne Legars Drilling Data what story does it tell 30 th Anniversary Celebration 1989 2019 1969 Civil Liability Convention 1971 International Fund Convention ID: 773248
Download Presentation The PPT/PDF document "30 years of compensating victims of oil ..." is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
30 years of compensating victims of oil pollution damageBy: Anne Legars Drilling Data: what story does it tell?
30 th Anniversary Celebration 1989 2019 1969 Civil Liability Convention 1971 International Fund Convention Fund of First Recourse Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars 2016- Present 1998-2006 2006-2016 1989-1998 Mystery Spills $149 million Legislative amendments: direct access for CCG Legislative amendments to Canada Shipping Act (CSA) – Canada accedes to 1992 CLC & IOPC Convention 2001 Marine Liability Act (MLA) 2018 Legislative amendments to MLA Supplementary Fund Protocol $408 million Bunkers Convention 1989 Conference with Key Stakeholders $100 million limit per accident 2010 legislative amendments: Bunkers Convention & Supplementary Fund The Bunkers Convention 2005 Supplementary Fund Unlimited liability 1992 IOPC Fund Small Claims Emergency Funding CCG Preventive Measures Special CCG 1992 CLC & IOPC Convention Rio Orinoco sinking
1989 2019 Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars 2016- Present 1998-2006 2006-2016 1989-1998 30 years: Bird’s Eye View
1989 2019 1969 Civil Liability Convention 1971 International Fund Convention Fund of First Recourse Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars 2016- Present 1998-2006 2006-2016 1989-1998 Mystery Spills $149 million Supplementary Fund Protocol $408 million Bunkers Convention $100 million limit per accident Unlimited liability 1992 IOPC Fund Special CCG 1989-04-24 Balance $149 million Expenses $104 million Revenue $363 million 2019-04-24 Balance $408 million
1989 2019 The High-level story behind the $408 million $149 million $408 million $0 $358 million $5 million Capital Received - Contribution Received - Interest Received - Recovery $25 million Paid - Canadian claims $57 million Paid - IOPC Contributions $22 million Paid - Operating Expenses
1989 2019 Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars
1989 2019 Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars 7 CLAIMS PER YEAR 12 CLAIMS PER YEAR 18 CLAIMS PER YEAR
What types of ships have caused claims with the Fund?
What types of ships have caused claims with the Fund?
Average amount claimed, by type of ship
Focus on Mystery Spills 77 claims paid 93 claims for mystery spills 413 claims received total $25 million paid total $2 million ($21.5K on average)
Where do claims come from?
Half of the claims come from BC 196 217 British Columbia
116 claims from Abandoned, Derelict, and Wrecked Vessels
73% of claims from abandoned, derelict, and wrecked vessels come from BC
13 claims caused by tankers 413 claims received total $25 million paid $600K claimed for tanker incidents Focus on Tankers $400K paid $38 million claimed
Canadian Coast Guard: the Fund’s main claimant CCG CCG $28 million $22 million paid
1989 2019 Contribution to IOPC Funds: more than an insurance
Total: $57 million
1989 2019 Kenneth A. MacInnis Peter M. Troop Alfred H. Popp Anne Legars Contribution to IOPC Funds: more than an insurance $12 million paid to Canadian victims (Rio Orinoco) Currently: Nathan E. Stewart Coverage of Canadian oil pollution risk by international ship insurers (P&I) Allows fund to be part of an international web of expertise Party by statute in several court cases A guidance for all Administrators in the assessment of Canadian claims
$22 million
Interest $358 million
Recovery Action $5 million ($3.5 m) recovered 20% 15% 30% 54%
Recovered and Non-Recovered Payments
Contributors MPCF Levy : 15 cents per tonne $36 million in total collected from 1972-1976 SOPF Levy 1989: 30 cents per tonneSOPF Levy 2019: 51.50 cents per tonne (Levy has not been imposed since 1989)
Questions? Interested in learning more about the SOPF and our last 30 years? Join our distribution list to be the first to know when our new publications are available! Feel free to contact us at info@sopf-cidphn.gc.ca for more information!