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The international regime for the compensation of pollution damage caused by oil spills from tankers is based on two treaties adopted under the auspices of the International Maritime Organization (IMO), the 1992 International Convention on Civil Liability for Oil Pollution Damage (1992 Civil Liability Convention), and the 1992 International Convention on the Establishment of an International Fund for Compensation for Oil Pollution Damage (1992 Fund Convention). These Conventions replace two corresponding Conventions adopted in 1969 and 1971 respectively.

This paper is not intended to constitute an exhaustive treatment of all subjects related to the accident. Moreover, its purpose is not to provide an indepth legal analysis of all relevant Spanish regulations ensuing from the accident, but simply to track the general trends of the legal policy. The paper will also attempt to elicit some of the lessons learned from the disaster.

The International Convention on Civil Liability for Bunker Oil Pollution Damage, 2001 (the Bunkers Convention) was adopted by the International Maritime Organization (IMO) in March 2001. The aim of the Bunkers Convention is to ensure the availability of adequate, prompt and effective compensation to persons who suffer pollution damage caused by oil spills when the oil is carried as fuel in ships’ bunkers.