IOPC Funds publishes Annual Report 2024

The IOPC Funds has published its Annual Report for 2024. The publication contains  general information about the role of the organisation and its specific activities and achievements for the past year.  The Report also covers financial data, oil reporting statistics and key developments in incidents in a comprehensive and engaging format.

In the opening section, IOPC Funds’ Director, Gaute Sivertsen, reflects on his third year in office with a personal review of the key areas of focus for the organisation in 2024. In particular, he highlights the work undertaken in respect of new and ongoing incidents, the concerns raised during the year regarding the potential impact of international sanctions on the international liability and compensation regime, the risk of uninsured and unsafe ships as well as the progress towards the entry into force of the 2010 HNS Convention. This year’s report also includes observations from the Chairs of the governing bodies and words from a number of staff members on some of the key activities carried out by the organisation during the period under review.

In a related development, an updated version of the IOPC Funds’ brochure, which provides a general overview of the organisation’s role, has also been published in English, French, and Spanish.

Both the Annual Report and the revised brochure are available online via the publications section of the IOPC Funds’ website, and can be provided in hard copy upon request.