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Chartering - LLMC Liability Cap

Limit of Liability for Maritime Claims (LLMC) - SDR-based cap on non-personal-injury + personal-injury claims.

LLMCLiabilityCap
Property claims cap
80.00MSDR
Personal injury cap
159.02MSDR
Formula, assumptions, and limits

LLMC 1996 Protocol values (updated 2015 amendment raised by 51 %). Flag must ratify for applicability. Separate funds for property vs personal injury.

Symbol legend

SymbolMeaningUnitSource
Special Drawing RightSDRIMF
Gross Tonnage - tonnage cert