WRC, coming into force
on 14 April 2015, regulates the financial
liability for the shipwrecks in the coastal state jurisdiction. All vessels 300 gross tons and larger to be insured or have financial security to cover the liability under
the WRC.
The following countries are parties
to this Convention:
- Antigua & Barbuda
- Bulgaria
- Congo
- Cook
Islands
- Denmark
|
- Germany
- India
- Iran
- Liberia
- Malaysia
|
- Marshall Islands
- Morocco
- Nigeria
- Palau
- United Kingdom
|
Vessels
flagged in these countries will need to apply for a certificate from their
respective flag state.
- Shipowners are financially
responsible for the cost of wreck removal with coverage arranged. The most common form of this is from a P&I Club, issuing a “WRC Blue Card” as the documented proof of the cover.
- Applies to the territorial sea and Exclusive Economic
Zone (EEZ).
- Ship’s
wherever registered must have on board a valid WRC certificate, as evidence of
insurance or other financial security, when entering or leaving the
jurisdiction of another State Party. A registry-issued
certificate must be presented to port state authorities upon request.
- Shipowners with ships not
registered in a State that is a Party to the convention may obtain certificates
from any other State that is a Party.
- Certificates issued by
any State Party shall be accepted for the purposes of the WRC
and shall be regarded as having the same force as certificates issued or
certified by them, even if issued for a ship not registered in a State Party.
- Certificates are renewable yearly by
February 20th in line with Civil Liability Certificate (CLC) and Bunker CLC certificates.
