The Convention on Limitation of Liability for Maritime Claims, 1976 (LLMC 1976) was adopted at the International Conference on Limitation of Liability for Maritime Claims held in London, from 1 to 19 November 1976, at the Invitation of the Inter-Governmental Maritime Consultative Organization (IMCO), now International Maritime Organization (IMO). The LLMC 1976 entered into force on 1 December 1986 and, as at 31 March 2007, 51 States have become Parties to it.
The Protocol of 1996 to amend the Convention on Limitation of Liability for Maritime Claims, 1976 (the 1996 LLMC Protocol) was adopted at the International Conference on Hazardous and Noxious Substances and Limitation of Liability, 1996, held in London, from 15 April to 3 May 1996, at the invitation of the International Maritime Organization (IMO). The LLMC 1976 Protocol entered into force on 13 May 2004 and, as at 31 March 2007, 25 States have become Parties to it. The Protocol provides for enhanced compensation, as well as for a simplified procedure for updating the limitation amounts.
