Israel

Abstract

The Israeli law dealing with limitation of liability of ship owners is the Shipping (Limitation of Liability of Owners of Vessels) Law, 5725-1965. The Law incorporates the 1957 Convention relating to the Limitation of Liability of Owners of Sea-Going Ships and Protocol of Signature. The Law also incorporates the Protocol amending the International Convention relating to the Limitation of Liability of Owners of Sea-going Ships of 10 October 1957, signed in Brussels 21 December 1979. It is not necessary to constitute a fund to plead limitation of liability. The fund will be constituted if the ship owner submits a request to the Court and if the Court permits that constitution. The limitation of liability applies both to ships under and above 300 tons as described in Article 3(5) of the 1957 Convention. As Israel has not ratified previous limitation conventions, no denunciation was required.