Industry Issues


Container Weight FAQ

« Previous  |  List All  |  Next »

Q: Whichever stakeholder faces a pecuniary penalty, can recovery actions be pursued against the cargo interests?

A: Breach of these regulations will be subject to national law. The SOLAS regulations do not address penalties or recovery of pecuniary penalties. It is likely that counterparties will establish contractual terms that seek to facilitate recovery or indemnity in certain circumstances, which will be subject to contractual rules in the particular jurisdiction concerned.


« Previous  |  List All  |  Next »