The International Oil Pollution Compensation Funds
about (1K)

Conversion of Special Drawing Rights (SDR)

Rates on 1 February 2012 (as defined by the International Monetary Fund)

Pounds:

£1 = 1.00211 SDR

or

1 SDR = £0.979336

Dollars:

US$1 = 0.645045 SDR

or

1 SDR = US$1.550280


Compensation Limits

1992 Regime for incidents occurring from 1 November 2003 and Supplementary Fund regime for incidents occurring from 3 March 2005

SDR £ Sterling US$

Shipowner

Ship up to 5 000 gross tons

4.5 million

4.4 million

7 million

Ship over 5 000 and up to 
140 000 gross tons

4.5 million plus 631 for each extra ton

4.4 million plus 618
for each extra ton

7 million plus 978 for each extra ton

Ship over 140 000 gross tons

89.8 million

87.9 million

139.2 million

1992 Fund

 

 

Maximum (including shipowner's share)

203 million

198.8 million

314.7 million

Supplementary Fund

Maximum (including amount paid by 1992 Fund)

750 million

734.5 million

1 162.7 million



1992 Regime for incidents occurring before 1 November 2003

SDR £ Sterling US$

Shipowner

Ship up to 5 000 gross tons

3 million

2.9 million

4.7 million

Ship over 5 000 and up to 
140 000 gross tons

3 million plus 420
for each extra ton

2.9 million plus 411
for each extra ton

4.7 million plus 651
for each extra ton

Ship over 140 000 gross tons

59.7 million

58.5 million

92.6 million

1992 Fund

 

 

 

Maximum (including shipowner's share)

135 million

132.2 million

209.3 million



1969/1971 Regime

  SDR £ Sterling US$

Shipowner

 

 

 

Per ton of the ship's tonnage

133

130

206

Maximum

14 million

13.7 million

21.7 million

1971 Fund

 

 

 

Maximum (including shipowner's share)

60 million

58.8 million

93 million