Every registered owner of a ship having gross tonnage of more than one thousand tons shall, for the purpose of his liability for pollution damage under this Chapter, maintain compulsory insurance coverage or such other financial security, subject to such limits as may be specified under the Limitation of Liability for Maritime Claims Convention.
Section 204: Maintenance of compulsory insurance or other financial security.
The Merchant Shipping Act, 2025Central Act · Act 24 of 2025
Where this provision sits
| Act | The Merchant Shipping Act, 2025 |
|---|---|
| Section | 204 |
| Marginal note | Maintenance of compulsory insurance or other financial security. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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