The owner of MT Princess Empress, the tanker that caused the oil spill in Oriental Mindoro, is liable for over ₱330 million for the damages it caused under international conventions, a lawmaker says.
The owner of MT Princess Empress, the tanker that caused the oil spill in Oriental Mindoro, is liable for over ₱330 million for the damages it caused under international conventions, a lawmaker said on Monday.
Under the 1992 CLC, the firm is liable for up to ₱331.3 million and additional liabilities under the International Oil Pollution Compensation Fund should they fail to comply. He also recommended that the insurance company of MT Princess Empress be pursued by the Insurance Commission.
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