Exploration into the Laws Governing Claims arising out of Oil Spills

Oil is most widely transported around the globe via the water mainly because of its physical and chemical nature it is chosen to be the convenient mode of transportation. Although it is the most sought after and transported commodity it is a serious cause of environmental pollution. The carrier vessels frequently have mishaps during transport, resulting in crude oil pouring into the ocean which has become a constant problem for the maritime environment as well as the economic conditions of the people who live near the affected areas. The oil spills are of a national and international concern firstly because it is inevitable and secondly, it causes long-term damage rather than short-term harm as the spills can last for decades. The main aim of this paper is to look into the Indian legal regime governing the oil spills claims and in the specific talk about the liability and compensation for such mishaps referring to the International law and further provide suggestions for a better way of implementation of the laws in India.