Transportation of Oil and Gas by Sea: Maritime Salvage, SCOPIC and the Vexed Issue of Environmental Salvage Regime
Journal Title: Scholars Journal of Economics, Business and Management - Year 2015, Vol 2, Issue 6
Abstract
Abstract: Societies at all times loathe damage to the environment and in modern times have adopted a zero tolerance for environmental pollution. In doing this governments have adopted a pollution response and liability mechanism controlled by public international law on one hand. There is also the private sector mechanism of minimizing damage to the environment regulated by Salvage. There is a distinction between salvage dimension to preventing and minimizing environmental damage or pollution and on the other hand, pollution response. Salvage has undergone a metamorphosis to its present SCOPIC stage in the effort of minimizing pollution damage. This article explores the process of this journey, SCOPIC challenges and the sustainability or otherwise vis – sa- vis the recent calls for a distinct environmental salvage regime. Keywords: Society, Salvage, SCOPIC, pollution.
Authors and Affiliations
Ifeanyichukwu Emmanuel Igwe
Keywords
Related Articles
- EP ID EP384765
- DOI -
- Views 84
- Downloads 1
Interest Rate and the Growth of Capital Market: Imperatives for Economic Development in Nigeria
The importance of the capital market to any nation’s economic growth cannot be overemphasized. Nations have embraced stock trading in order to raise and distribute capital resources for the development of their economy,...
A quantitative study in terms of the antecedents and outcomes of service recovery performance of the frontline employees of Mutual Trust Bank Limited
Ours is an age of Business, age of dealing with people of different peculiarities. An organization can earn both profits and reputation by satisfying its customers and clients. An organization’s main target is to attain...
A Study on Working Capital Management in Tamilnadu State Transport Corporation (Villupuram) Limited.
Transport industry is one of the key industries of nation’s economy. It transports person, goods and so on. Generally private transport services are given between two towns; where there is more demand in order to make pr...
Investigating the impact of using accounting ratios SS a tool for measuring performance
Abstract: The paper investigates the impact of using accounting ratios as a tool for measuring performance using the time series analysis and annual data from 2009 to 2012. The Z-score model was used to determine the com...
Gastronomic Tourism (Food Tourism) – a search for local food experiences: Case Study on Telangana State
Abstract:From general society point of view sustenance expect an optional and minor part in tourism industry which is assessed by Tourists expressions of mouth. Every so often in these evaluations, even the assorted vari...