IOPC Fund Convenes ۲۹th Extraordinary Session

PMO News Portal - The session began with a training workshop outlining the structure, legal basis, and operational scope of the IOPC Funds, which serve as a key international mechanism for compensating damages caused by oil pollution from tankers. Delegates reviewed current financial reporting procedures, examined recent oil pollution incidents, and discussed proposals for procedural amendments to the ۱۹۹۲ Fund Assembly’s Rules of Procedure. Call for Updates to Three-Decade-Old Protocol A major point of discussion was the need to modernize aspects of the ۱۹۹۲ Protocol, which has served as the legal foundation for oil pollution compensation for over ۳۰ years. Representatives highlighted the importance of aligning the framework with evolving maritime risk profiles and operational realities. Iran’s Active Participation The Iranian delegation participated actively in the session and extended condolences regarding the recent fire incident at Shahid Rajaee Port. Their presence reaffirmed Iran’s commitment to international maritime cooperation and environmental ...

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