An international compensation regime designed to address accidents involving hazardous and noxious substances (HNS) transported by sea is slated to enter into force in November 2027. This development is expected to close a significant gap within the existing maritime liability framework, which has become increasingly important given the growing global trade in chemicals and the expanding use of alternative fuels. The International Maritime Organization (IMO) has officially confirmed that all necessary conditions for the 2010 HNS Convention to take effect have been fulfilled.
For freight forwarders and operations managers, this new convention introduces a clearer and more robust system for liability and compensation in the event of incidents involving HNS cargo. It means that shippers and carriers dealing with such materials will need to be acutely aware of their obligations and potential liabilities under this new regime. This could influence cargo insurance requirements, risk assessments, and potentially the cost of handling and transporting hazardous goods. Forwarders should review their contracts and operational procedures to ensure compliance and adequate coverage once the convention is active. The increased clarity, however, may also streamline claims processes in the long run.
