Urge not to sign up an opt out clause
The International Chamber of Shipping recommends member states to the International Maritime Organization not to sign up to an opt out clause in the Athens Protocol on passenger insurance liability.
ICS chairman Spyros Polemis expressed his warning to cruise and ferry operators at a conference in London yesterday .
He illustrated that an opt out clause on limiting passenger compensation to $1m in the case of an incident would see insurers refuse to sign contracts with operators.”
Source: Safety4Sea