Elle De Soomer, Head of legal affairs, shipping policy & security at the Royal Belgian Shipowners’ Association takes a critical look at the EU Directive 2004/35/CE on Environmental Liability (ELD) regarding environmental damage from shipping accidents, which are exempt at this moment.
While it can be argued that the ELD is an ambitious framework that embeds some new and often challenging concepts, it may be less well-equipped to define, allocate and financially secure liability for environmental...