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A comment on First new U.S. nuclear reactor since 2016 is now in operation. Parent comment
We are. Then we try to go after the companies but it all depends on their corporate structure and in what legislature.
- For a ship not exceeding 5,000 gross tonnage, liability is limited to 4.51 million SDR (US$5.78 million)
- For a ship 5,000 to 140,000 gross tonnage: liability is limited to 4.51 million SDR plus 631 SDR for each additional gross tonne over 5,000
- For a ship over 140,000 gross tonnage: liability is limited to 89.77 million SDR (US$119.39 million)
https://www.imo.org/en/About/Conventions/Pages/International...
In the past we have accepted this socialized cost as a requirement for a world fueled by fossil fuels, which of course will change as we transition away.
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We are. Then we try to go after the companies but it all depends on their corporate structure and in what legislature.
- For a ship not exceeding 5,000 gross tonnage, liability is limited to 4.51 million SDR (US$5.78 million)
- For a ship 5,000 to 140,000 gross tonnage: liability is limited to 4.51 million SDR plus 631 SDR for each additional gross tonne over 5,000
- For a ship over 140,000 gross tonnage: liability is limited to 89.77 million SDR (US$119.39 million)
https://www.imo.org/en/About/Conventions/Pages/International...
In the past we have accepted this socialized cost as a requirement for a world fueled by fossil fuels, which of course will change as we transition away.