Canada – New compulsory insurance scheme for passenger vessels

Canada’s mandatory insurance scheme for passenger ships has now come into law with effect from 11 January 2019.

As a result of the regulations all commercial and public purpose ships engaged in the domestic carriage of passengers must maintain liability insurance coverage in a minimum amount of C$250,000 (multiplied by the passenger capacity of the ship). Shipowners’ Club said that members should note that a Certificate of Entry issued by a member Club of the International Group of P&I Clubs would be acceptable evidence of insurance.

However vessels carrying passengers that were not insured with a Member Club of the International Group would be required to carry a Certificate of Insurance in the specific form prescribed under the Regulation.