Legal Obligations of the Parties During Ship-to-Ship Cargo Transfer - Business Law Review View Legal Obligations of the Parties During Ship-to-Ship Cargo Transfer by - Business Law Review Legal Obligations of the Parties During Ship-to-Ship Cargo Transfer 46 4

Ship-to-ship (STS) cargo transfer is recognized as an important operational procedure in the maritime industry and this process, especially applied to large tankers, offers various advantages as well as risks. The increase in cargo transfers has also led to an increase in marine pollution and safety risks. International regulations and standards such as MARPOL 73/78 stipulate various obligations and procedures to improve the safety of these operations. These regulations cover elements such as pre-operational plan approval, record keeping and minimization of environmental impacts. In addition, liability, and compensation obligations in case of accidents and environmental pollution are detailed to resolve legal disputes between the parties. However, the increasing prevalence and complexity of STS operations raise questions about the adequacy of the existing regulations and in some cases lead to legal gaps. In this framework, this study analyses the Falkonera case, one of the recent judicial decisions, and discusses knock-for-knock indemnity provisions, which are frequently raised in STS transfers.

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