See: Merchant Shipping (Salvage and Oil) Act 1995, Merchant Shipping Act 1995, the Oil Pollution Compensation Fund Convention 1971 and pollution clause.
Tag: UK
Oil tankers
Vessels carrying oil in bulk. The risk of oil pollution has resulted in compulsory liability insurance for vessels carrying more than 2000 tons. The Merchant Shipping (Oil Pollution) Act 1971 as amended by the Merchant Shipping Act 1974 requires such ships to have a certificate of insurance before they can enter or leave a UK port or terminal.