145/17/Gen.Inf. Member circular 20/2016 : Stopia 2006 (as amended 2017) and Topia 2006 (as amended 2017) – 2017 amendent

STOPIA and TOPIA were agreed in 2006 to reflect the desire of shipowner entered Members in International Group Clubs to ensure the continuing success of the international oil pollution compensation regime. The International Group initiated a review at the start of 2016, with the participation of the 1992 Fund Secretariat and the Oil Companies International Marine Forum (OCIMF) (representing the cargo contributors).

The outcome of the review initiated by the International Group at the start of 2016 highlighted that the total cost of claims paid by shipowners under the system in this ten year period was significantly higher than the total cost of claims paid by cargo contributors in the same period.
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MemCir2016

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Thank you & Best Regards,

Eng. Dimitrios Nikolaos Spanos
Lead Maritime Auditor / Principal Surveyor
Member of IRCA, IIMS, ELINT, HELMEPA & Nautical Institute

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