Small Tanker Oil Pollution Indemnification Agreement 2006 (STOPIA 2006) Tanker Oil Pollution Indemnification Agreement (TOPIA) (5.355)

This circular explains the introduction of STOPIA 2006 and TOPIA, two binding contractual agreements designed to support the international oil pollution compensation system and share costs more evenly between shipowners and oil receivers.

London P&I sets out how the agreements work, the changes from the earlier STOPIA arrangement, and the steps needed for implementation from 20 February 2006, subject to approval by other International Group Clubs and the IOPC Fund Assemblies.