The paper will be structured as follows: after an introduction, an historical overview of the use of financial caps in maritime law will be provided. Next, the caps in the international conventions on oil pollution damage will be described on the basis of an analysis of their legal history and...

This article discusses the question whether the current international regimes are adequate for the compensation of oil pollution damage. It sketches the regime of the CLC 1969 and the Fund Convention. Then it will show that by in 1984 and 1992, among others following the catastrophe with the...

This paper discusses important features of the international conventions regulating the compensation of oil pollution damage, more particularly the limitation of the liability of the tanker owner and the additional compensation provided through the IOPC Fund. The paper sketches the historical...

The paper is a chapter in the book Economic Analysis of Law in China. This book comprises contributions on recent developments in China from a law and economics perspective. For the first time Chinese and European scholars jointly discuss some important attributes of China's legal and economic...