Turkmenistan has officially acceded to the international Convention on Civil Liability for Damage from Fuel Pollution. The text of the relevant law, signed by the President of Turkmenistan Serdar Berdimuhamedov, was published today in the official Turkmen press.
The international convention obliges registered shipowners of participating countries to insure and provide other financial security to cover their liability for pollution damage. A vessel insured in this way receives a corresponding certificate.
The Convention is designed to improve the environmental safety of the waters through which cargo is delivered, as well as to minimize the damage caused by these incidents through effective financial mechanisms. The document was adopted in 2001 in London.
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