This Law establishes a Legislative authorization to cover damage caused to third parties and damage to pollution of coasts and navigable waters with the following meaning and extension: a) Review the mandatory maritime liability insurance regime, adding rules on the liability of the shipowner, responsibility of the non-owner, responsibility of the simple owner, responsibility for the actions of the manager and on the legal representation of the owner; b) Update the concepts and clarify that it is the shipowner who is subject to the obligation to carry out insurance; c) Review the regime for the destination of fines in order to include the Automobile and Maritime Guarantee Fund with the entity benefiting from the fines; and d) Update and clarify concepts in the Maritime Code, specifically with regard to the definition of shipowner and the concept and object of maritime insurance.
Cabo Verde · 2020-03-02