Marpol Annex 1, Regulation 30.4.2 requires every oil tanker delievered after 1 June 1982, required to be provided with segregated ballast tanks or fitted with a crude oil washing system, shall comply with the following requirements
- it shall be equipped with oil piping so designed and instal
The limit of supplementary fund is too big. It is 700 Millions SDR.
If you think this would be lesser in USD, you would be wrong. 700 Millions SDR is equal to 952.51 US Dollars
That is huge amount. There are many factors that indicates that this amount may not see its limit