Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Tankers may not need insurance for third-party oil-spill claims

October 10, 2019 Reprints

New Zealand government's proposed marine protection rules do not require offshore installations and tankers carrying more than 2,000 tons of oil to be insured for third party claims in the event of a spill, Newsroom reports. This means that while third parties like fishing and tourism operators will be able to claim for lost profits, the installation owners do not need to be insured for those claims and could have to pay out of pocket if they don’t buy coverage

Help

Tankers may not need insurance for third-party oil-spill claims

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources