Regulation of the People’s Republic of China on the Administration of the Civil Liability Insurance for Ship Pollution Damage (selected articles)
( For full version of the regulation, please click here )
Article 2: All ships trading within Chinese territorial waters, with the exception of those below 1,000GT that are carrying non-oil cargoes, are required to maintain insurance or other financial security.
Article 5: The insurance amount of ships carrying persistent oil in bulk onboard is no less than:
(1) SDR4,510,000 for ships below 5,000GT
(2) For ships over 5,000GT, for each additional unit of tonnage, SDR631 in addition to the amount mentioned in paragraph (1). However, that this aggregate amount shall not in any event exceed SDR89,770,000
Article 6: The insurance amount of ships carrying non-persistent oil onboard and ships over 1,000GT and carrying non-oil cargo onboard is no less than:
(1) SDR27, 500 for ships over 20GT but below 21GT
(2) For ships over 21 GT but below 300GT, for each additional unit of tonnage, SDR500 in addition to the amount mentioned in paragraph (1)
(3) SDR167,000 for ships over 300GT but below 500 GT
(4) For ships over 501GT but below 30,000GT, for each additional unit of tonnage, SDR167 in addition to the amount mentioned in paragraph (3)
(5) For ships over 30,001GT but below 70,000GT, for each additional unit of tonnage, SDR125 in addition to the amount mentioned in paragraph (4)
(6) For ships over 70,001GT, for each additional unit of tonnage, SDR83 in addition to the amount mentioned in paragraph (5)
Article 7: The insurance amount of those ships sailing among Chinese ports is 50% of the amount mentioned in Article 6.
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