2014: Conference Proceedings
Addresses

Frank Stewart Dethridge Memorial Address 2014: Limitation of Liability as a Risk Allocation Mechanism in Maritime Law

Published 2014-09-10

Keywords

  • limitation of liability,
  • risk allocation,
  • public policy,
  • tonnage,
  • maritime history,
  • CMI,
  • LLMC 1957,
  • LLMC 1976,
  • IMO,
  • limitation fund,
  • LLMC 1996,
  • LLMC 1924,
  • HNS Convention 1996,
  • maritime disaster,
  • marine pollution,
  • marine environment
  • ...More
    Less

Abstract

MacKenzie describes the topic chosen for this address as a particularly topical one, at least in New Zealand. In this paper, MacKenzie discusses the development of the concept of limitation by examining its history, and the policy considerations which underlie it. His Honour then proceeds to describe the limitation of liability regimes in place on a global basis, and finally ventures some thoughts on the current relevance of the concept in the modern age.