SCHMITT, André; SPAETER, Sandrine - Bureau d'Économie Théorique et Appliquée (BETA), … - 2005
The maritime oil transport is regulated by the 1992 Civil Liability Convention for Oil Damage and the 1992 Oil Pollution Compensation Fund. In this compensation regime, contributions of oil firms are based on the aggregate risk of the Fund and are assessed each time an oil spill is registered....